The Mindful Trader is a great tool for beginner traders. It is also good for those who want to try out swing trading without giving up their actual day job. If you are looking for something that will help you trade without hiring a financial advisor, this Mindful Trader review is for you.
At its core, the Mindful Trader is a trade alert service. It allows busy and new traders access to mindful trading tips. These tips can help you make passive income via swing trading.
As a professional mathematician, founder Eric Ferguson combined his extensive historical stock market analysis with a mindful approach to trading.
The result is a proven revenue-driven investment strategy that everyone can get on board with. After all, years of success are hard to argue with, and Eric invests in every single stock he suggests to you.
The Mindful Trader: Overview
Before getting into our in-depth Mindful Trader review, it is best to look at the purpose of Eric Ferguson’s Mindful Trader service. The trade alert service is designed to help beginner traders and experienced traders. Those who are short on time are taught how to make successful trades without spending hours studying the market.
Ferguson has spent an extensive amount of time analyzing the market for historical trades and sends users alerts throughout the day informing them of his trade strategies so you can follow suit.
Each trade on average lasts from three to seven days making them swing trades that you can jump into at your own leisure.
Created to offer flexibility, ease of use, and compounding profits, The Mindful Trader is a great tool for traders who want to get their feet wet in the market.
Trader Eric Ferguson Review
Eric Ferguson may share his name with the victim of a crime, but he is rapidly building his own reputation as the successful mathematician behind The Mindful Trader.
Eric 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 Standford grad, Eric 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.
Today he applies his skills to analyzing over 20 years of historical market performance statistics so that he can help others become master stock and futures traders.
Take a minute to look at his Mindful Trader performance review, and you will see he clearly has a talent for picking the right trades.
The Mindful Trader Alerts Review
The Mindful Trader itself is a trade alert platform. The purpose of the program is to send out trade alerts to users. This allows a chance to jump in on the same trade that Eric Ferguson is making.
Eric invests in every single stock that he sends out a trade alert for, which helps you feel better about making the same leap.
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 stoploss. In other words, it is a comprehensive trade alert that allows you to quickly replicate trades in a matter of minutes.
Trading really doesn’t get any easier than this.
What’s Included with The Mindful Trader?
As mentioned earlier in the Mindful Trader review, the product is primarily a trade alert program.
Therefore, the largest benefit of working with Mindful Trader is the instant trade alerts that come from Eric Ferguson himself, but he also sweetens the pot by including a few more perks while keeping the price very friendly like:
Mindful Trader trade alerts
Direct contact with Eric Ferguson
20-Year Back Test
Wealthy Heart Blog
As you can see, Eric is fully invested in his program, and his willingness to offer extras to customers is proof. Now let’s break down some of the extras in this Mindful Trader review.
The Mindful Trader Trade Alerts
The heart of the Mindful Trader review, the trade alerts help you make quick trading decisions that can help you 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 Eric paid when he made the purchase, and the profit exit and stoploss so you never have to question a thing.
In addition, it will offer advice on when to close out the trade if it never makes it to the target price to protect your investment.
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 Eric’s, and then sit back and wait.
The simplicity of the Mindful Trader is one reason that it is 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 the Mindful Trader has access to Eric’s personal email. Eric loves the chance to interact with beginning traders and experienced traders and offers immediate email responses outside of weekends and emails.
Whether you are looking for trading advice, have a question, or just want to learn to be mindful Eric is happy to support his subscribers. Upon request, Eric has even accepted phone calls and Zoom calls from people who just need his advice or help managing rough emotions.
Wealthy Heart Blog
The Wealthy Heart Blog is a blog worth mentioning in the Mindful Trader review because of its authenticity.
Eric uses his blog to reach out to clients and non-clients to help teach them mindfulness when it comes to economics.
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 Eric is as a person, and why you can trust the Mindful Trader.
Is the Mindful Trader Legit?
In a short answer, yes. Eric Ferguson carefully outlines that the goal of his Mindful Trader is to make money, but there are never any guarantees. Instead, he makes his trades based on data, research, and historical analysis and hopes for the best outcomes. His goal is to provide people access to wise stocks based on the extensive backtesting he has spent hundreds of hours performing. In addition, he 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.
The Mindful Trader Cancellation Policy Review
The Mindful Trader is a subscription-based service, so the cancellation process is fairly straight-forward. 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 at the end of the month your access will be removed. There are no questions and no penalties associated with canceling your subscription.
How Much Does the Mindful Trader Cost?
The 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. The decision should be a pretty simple one. By just skipping one meal out each month for a family of four you can easily pay the subscription fee and hopefully double or triple your investment as you start to utilize the swing trade alerts.
The Mindful Trader Track Record Review
One excellent aspect of the Mindful Trader is how transparent founder Eric Ferguson is. He is upfront and personal with all of his methods. He is also happy to talk to anyone wanting to learn more about trading and/or mindfulness.
Additionally, Eric 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 the Mindful Trader went live. You can see the type of return his trade alerts have earned him and his followers for yourself before signing up. According to the data, since the site went live in November of 2020 the average return on account has been 10% and the win percentage is 53.3% which is fairly impressive. You can check out the stats for yourself here.
In addition, Eric 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. The video is a great tool for beginner traders who need some help getting their toes wet in the trading market.
The Mindful Trader Review: Pros and Cons
Still, weighing the Mindful Trader Review to figure out if it’s the right product for you? A simple pros and cons list should help clarify things for you.
The 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
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
The Mindful Trader Cons
The first monthly fee is non-refundable, but you can cancel anytime to avoid future payments
Only offers alerts for futures and stocks, which can be comforting for beginners.
Is the Mindful Trader Right for Me?
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 the stock market? Do you like making money?
If you answer yes to any of these questions then the Mindful Trader is perfect for you. There simply is not an easier way to tiptoe into the stock market than with personal guidance from Eric Ferguson.
Are you a:
Looking to make a few easy dollars?
Then yes, this product is also for you. Even if you don’t fall into any of these categories, this product is for you.
This product is great for anyone who wants quick investment tips with very little required effort. You only need to remember to purchase the suggested stocks. If you can handle that, you can handle the Mindful Trader.
The 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 the Mindful Trader Worth It?
After an extensive Mindful Trader review, the answer to “is it worth it” is a resounding YES. Eric 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. This will quickly will reveal why The Mindful Trader is worth it.
This stock trade alert program does all the work for you. It even offers you the abbreviated ticker you will need to buy a stock. Additionally, Eric breaks down every single step so that in five minutes you can place a swing trade and then wait for the return.
Beginners and those who simply like to make easy money will enjoy the fruits of Eric’s massive backtesting.
The subscription costs are cheap compared to other swing trade alerts platforms. Also, you are free to cancel at any time. Don’t regret not getting a return on your money. Sign up for the Mindful Trader today and see firsthand what the stock and futures market can do for you.
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