Mindful Trader aims to be a great stock-picking tool for beginner investors looking for informed stock picks. But are its trading strategies and stock trade alerts solid enough to help improve your trading performance? Read our Mindful Trader review to find out.
At its core, Mindful Trader is a trade alert service that gives busy and new traders access to mindful trading tips
And these tips and alert services can help you make passive income through more informed swing trading.
It is perfect for those who want to try out swing trading without giving up their day job, and each stock is invested in by its creator, Eric Ferguson.
So if you are looking for a stock trading assistant that will help you trade without hiring a financial advisor, this Mindful Trader review is for you.
Mindful Trader: What Is Mindful Trader
Before getting into our in-depth Mindful Trader review, it’s best to look at the purpose of Eric Ferguson’s Mindful Trader service.
Mindful Trader was designed for anyone who wants to get into day trading but doesn’t have hundreds of hours to dedicate to a course.
However, the trade alert service mostly appeals to beginner, intermediate, and experienced swing traders.
It’s important to note, though, that the service does not focus on penny stocks.
How Mindful Trader Helps You Make Smart Swing Trades
Ferguson spends countless hours analyzing the market for historical data and sends users alerts throughout the day, informing them of his trade strategies so you can follow suit.
Now, you don’t need a degree in economics to start spotting solid trade picks.
Each data-driven trade on average lasts from three to seven days, making them swing trades that you can jump into at your leisure.
Created to offer flexibility, ease of use, and compounding profits, the Mindful Trader’s tools are perfect for traders who want to get their feet wet investing in the market.
Trader Eric Ferguson Review
Eric Ferguson has always had a love for numbers, which is what helped him graduate valedictorian of high school and become one of the few to get a perfect score on the math portion of the SAT.
A Stanford University grad, Ferguson majored in Economics where he learned to apply his mathematical mind to market trends, creating the perfect base for someone who was destined to rule the stock market.
As a professional mathematician, Eric Ferguson combined his extensive historical stock market analysis with a mindful approach to trading and finding stock picks for swing traders.
What Makes Eric’s Stock-Picking Service so Effective?
Eric analyzes over 20 years of historical market performance statistics so that he can help others increase their median annual return and long-term earnings.
In short, Mindful Trader strategies leverage a statistical approach to stock picking that you won’t find elsewhere.
If you take a minute to look at his Mindful Trader performance review, you’ll see Eric clearly has a talent for picking the right trades.
How Does Mindful Trader Work?
Mindful Trader is a trade alert platform designed to save time and spot promising swing trades.
The purpose of the program is to send out trade alerts to users, and this allows you to jump in on the same trade that Eric Ferguson is making.
Ferguson invests in every single stock that he sends out a trade alert for, which helps you feel better about making the same leap.
Is there a Mindful Trader App?
Currently, there is not a Mindful Trader App available.
That being said, you do receive SMS trade alerts and emails, which are easily accessible by phone.
Receive Mindful Trader Stock Picks Through SMS and Email
Each trade alert is issued as a text and email and includes the exact ticker that he purchased, the price he paid, and where he has chosen to set his profit exit and stop loss.
In other words, it’s a comprehensive trade alert that allows you to quickly replicate trades in a matter of minutes.
These day trading services are perfect for folks on the go who want to increase their annual returns on the financial markets with a proven stock pick system.
All traders need to do is simply buy and hold a few stocks per week and make profitable swing trades with a statistical edge.
What’s Included with Mindful Trader?
As mentioned earlier in our Mindful Trader review, the service is primarily a trade alert and stock picks program.
Therefore, the largest benefit of working with Mindful Trader is the instant trade alerts that come from Eric Ferguson himself.
He also sweetens the pot by including a few more perks while keeping the price very affordable.
Here are the most valuable Mindful Trader features on offer:
- Mindful Trader Trade Alerts
- Direct contact with Eric Ferguson
- 20-Year Back Test
- Wealthy Heart Blog
As you can see, Ferguson is fully invested in his program, and his willingness to offer extras to customers is proof of this.
Keep reading our Mindful Trader review for a breakdown of each feature.
Mindful Trader Trade Alerts
The trade alerts help you make quick trading decisions to build your portfolio and profits.
Trade alerts are released one to three times a day and usually between the hours of 6:30 am and 3 pm Pacific time.
Most alerts are for swing trades, so you can jump in when you have a spare five minutes.
All swing trade alerts are delivered via phone and/or email and include the ticker name, the price Ferguson paid when he made the purchase, and the profit exit and stop loss.
In addition, it offers advice on when to close out the trade if it never makes it to the target price, protecting your investment.
Trade Stocks Smarter
Each swing trade alert is designed to make it easy for beginning traders to jump right in without much knowledge of the market.
Set your perimeters to match Ferguson’s, and then sit back and wait.
The simplicity of Mindful Trader is one reason that it’s popular online because anyone with money to invest and an email can use it.
Direct Contact with Eric Ferguson
Not only does Eric Ferguson invest in every trade alert he sends out his base, but he also welcomes contact.
Anybody who signs up for Mindful Trader has access to Ferguson’s personal email.
Ferguson loves the chance to interact with beginner and experienced traders and offers immediate email responses.
Whether you’re looking for trading advice, have a question, or just want to learn to be mindful, Ferguson is happy to support his subscribers.
Upon request, Ferguson has even accepted phone calls and Zoom calls from people who just need his advice or help managing emotion-based trade obstacles.
Wealthy Heart Blog
The Wealthy Heart Blog is another stand-out feature we found during our Mindful Trader review.
Eric uses his blog to teach about the value of mindfulness when analyzing economics.
This helps you better understand the Mindful Trader strategies that are used to identify stocks ripe for swing trading and the mindset behind them.
The Wealthy Heart is subtitled “emotions around money” — an apt title since Eric spends numerous blog posts offering calming strategies, perspective, and of course a few tips about how to make money.
Anyone who has ever felt nervous about trading should check out the Wealthy Heart blog for a sense of who Ferguson is as a person, and why you can trust Mindful Trader.
Is Mindful Trader Legit?
In short, the answer is, yes, Mindful Trader is completely legit.
Eric Ferguson carefully outlines that the goal of his Mindful Trader is to help you make money with top-tier stock picks; he is transparent about his approach and does not make sensational claims.
Mindful Trader focuses on improving diversity and returns while lowering risk exposure.
He makes his trades based on data, research, and historical analysis and hopes for the best outcomes.
This transparency is a breath of fresh air compared to other stock alert services where gurus expect you to invest based on a hunch.
Many swing traders appreciate Ferguson’s transparency and his willingness to help them navigate every stage of making a stock trade.
His goal is to provide people access to wise stocks based on the extensive backtesting he has spent hundreds of hours performing.
In addition, Ferguson invites anyone who isn’t turning a profit to contact him directly.
He will then compare notes and see where the disconnect is coming from so he can fix it.
Mindful Trader Cancellation Policy Review
Mindful Trader is a subscription-based service, so the cancellation process is fairly straightforward.
To continue receiving trader alerts, you have to pay for access to the service each month.
If you choose to stop receiving trade alerts, simply cancel your subscription, and your access will be removed at the end of the month.
There are no questions and no penalties associated with canceling your subscription.
How Much Does Mindful Trader Cost?
Mindful Trader pricing is a lot more transparent and clean-cut than other day trading services.
Mindful Trader is a monthly recurring subscription that costs users $47 in exchange for regular trade alerts.
In other words, you can spend $50 on one family meal out or cook at home instead and earn money on the stock market.
Mindful Trader pricing provides a low barrier to entry for a trading strategy that will cost-effectively allow you to hit your profit target.
pay the subscription fee and hopefully double or triple your investment as you start to utilize the swing trade alerts.
Is There a Mindful Trader Discount?
At this time, there is not a Mindful Trader discount.
That being said, its current rate is affordable and competitively priced.
Is There a Mindful Trader Free Trial?
There’s no Mindful Trader free trial.
However, you can request a cancellation at any time, so at most, you’ll only need to pay for one month if you decide the service is not right for you.
Mindful Trader Track Record Review
One excellent aspect of Mindful Trader is how transparent founder Eric Ferguson is.
He is upfront and personal with all of his methods; additionally, Ferguson posted a rather lengthy explanation of his backtest results along with a fair amount of data.
He also lists every single trade alert result since Mindful Trader went live, so you can see the type of return his trade alerts have earned him and his followers for yourself before signing up.
Mindful Trader Returns
According to the data, since the site went live in November of 2020, the average return on the account has been 10% and the win percentage is 53.3%, which is pretty impressive compared to typical trade alert services.
In addition, Ferguson offers potential subscribers a 12-minute video that shows the performance of live trades over a two-week period and offers a basic explanation of what the results mean.
This video is a great tool for beginner traders who need some help getting their toes wet in the trading market.
Mindful Trader Review: Pros and Cons
Still, weighing Mindful Trader Review to figure out if it’s the right product for you?
Here’s a simple pros and cons list to help you decide if the program is right for you.
Mindful Trader Pros
- Stock trader alerts in your inbox multiple times a day
- Requires minimal effort or stock market knowledge
- Cancel your subscription at any time
- Educational content includes insight on the stock market, swing trading as well as options and futures trading
- Access to Wealthy Heart Blog
- Immediate access to the founder (excluding weekends and holidays)
- Years of backtesting
- Strong Performance Record
- Swing trading for added flexibility
Mindful Trader Cons
- The first monthly fee is non-refundable, but you can cancel anytime to avoid future payments
- Only offers alerts for options, futures, and stocks — not geared toward penny stocks
Mindful Trader Review: Is Eric Ferguson legit?
Do you like making passive income without doing much work? Are you new to the futures or stock market and want a soft introduction to trading? Do you like making money?
If you answer yes to any of these questions, then Mindful Trader might be a perfect fit for you.
Is Mindful Trader right for you? The service is geared toward these users:
- Swing trader
- Day trader
- Someone looking to make a few easy dollars
Any traders that fall within one or more of these categories can find value in Mindful Trader’s services.
Mindful Trader Reviews by Members
No reviews are available, but the online chatter surrounding the Mindful Trader is very positive.
Given the contentious nature of the online world, an absence of negative reviews means Eric Ferguson is definitely doing something right.
Final Review: Is Mindful Trader Worth It?
After an extensive Mindful Trader review, the answer to “is it worth it” is a resounding YES.
Eric Ferguson continually posts updates, videos, and blogs to keep his subscription base in the loop — even if you aren’t a member, you can sign up for his email list.
This way you can see how his stock trade alerts perform.
The stock trade alert program does all the work for you and even provides the abbreviated ticker you’ll need to buy a stock.
Mindful Trading Strategies Are Solid
Eric Ferguson breaks down every single step so you can place a swing trade in as little as five minutes.
Beginners and those who simply like to make easy money will enjoy the fruits of Ferguson’s massive backtesting.
The subscription costs are cheap compared to other swing trade alerts platforms, and you are free to cancel at any time.
Sign up for Mindful Trader today and see firsthand what the stock and futures market can do for you.