The 5 Best Swing Trading Alert Services
Swing trading isn't easy.
First, you need to find a handful of stocks you like to trade, choose a handful of strategies to use, and then plot individual entry and exit prices. There's a lot to it.
It's also time-consuming. If you don't have the time to sit in front of a screen for hours every day, you may prefer to use a swing trading alert service instead.
These services do the hard work of scanning for and identifying setups, and then sending you alerts of the best trades to take.
But they're not all created equally. That's why I compiled this list.
Here are the five best swing trading alert services in 2024.
Summary view
- Best overall: Mindful Trader
- Best software for algorithmic trading: Stock Market Guides
- Best for momentum investing: Alpha Picks
- Best for custom alerts: Benzinga Pro
- Best for becoming a full-time trader: Bear Bull Traders
Disclaimer: Ratings are my opinion. Actual results may vary, and past performance does not guarantee future results. All investors should do their own due diligence.
1. Best overall: Mindful Trader
- Rating:
- Cost: $47/month
Mindful Trader is a swing trading service run by Eric Ferguson, an economics major from Stanford with a love for math and statistics.
There are typically 1–3 new trades per day and around 10 per week.
Eric launched his service after spending four years researching and analyzing stock market data. He back-tested hundreds of strategies and ran thousands of simulations to find patterns and trade setups with statistical edges.
He's been a full-time trader ever since.
Eric trades algorithmically, which means a computer formula tells him when to buy and when to sell, and he simply follows the instructions.
While he doesn't expect to win every trade, he trusts the results of his back-testing and is confident in the long-term profitability of his strategy.
There are a few areas where Mindful Trader stands out:
- Transparency: Eric is very transparent about the trades he takes, why he takes them, and their results. He puts his name on everything.
- Easy to follow: Eric posts each of his trades — both stocks and options — on his website in a simple way, and also has a position-sizing calculator that tells you how many shares or contracts to buy.
- Subscriber success: Eric genuinely wants his subscribers to have success trading and makes his personal email available for any questions.
Eric trades both stocks and options, generally holding each position for 2–4 days.
2. Best software for algorithmic trading: Stock Market Guides
- Rating:
- Cost: $69/month
Like Mindful Trader, Stock Market Guides is also built on years of back-tested data and research.
However, instead of an individual placing trades you can follow, Stock Market Guides is a software that provides many trade ideas based on a variety of strategies.
After looking through its list of strategies — and the risk and profitability associated with each one — you can choose which strategies to get alerts from.
For example, the alert below was triggered on Amazon using the strategy “Blue Chips at a Discount:”
The alert shows you the historical win percentage of that strategy on Amazon and its annualized return. While historical price action can't tell you exactly how a stock will perform today, back-tests show it can often behave similarly.
Because of how many different strategies there are to choose from, you can get as many as 30 or more swing trading alerts from Stock Market Guides every day.
Most trades last between three days and two weeks.
3. Best for momentum investing: Alpha Picks
- Rating:
- Cost: $499/year (new members can get their first year for $449 through our link)
Alpha Picks is a stock-picking newsletter service that invests based on momentum. While it's not a true swing trading service, I still think it deserves a place on this list.
Its average holding period is 1.5 years, which is much longer than the average swing trading service — usually a few days to a week. However, it buys and sells stocks based on technical analysis, quantitative analysis, and other swing trading principles.
Like other swing trading services, Alpha Picks doesn't get every trade right and often picks stocks that lose money. This is part of the strategy, though, as the team is more focused on picking huge winners, which buoy the entire portfolio.
And that's exactly what has happened so far.
Since its launch in July 2022, Alpha Picks has performed exceptionally well — its average pick is beating the S&P by 3x. You can read more about the details of its performance in my Alpha Picks Review.
Plus, because of its long-term focus, this service is much easier to follow than other swing trading services, which is helpful if you have a busy schedule.
You can expect around 2–3 trades per month.
4. Best for custom alerts: Benzinga Pro
- Rating:
- Cost: Free to $347/month (depending on the plan)
Benzinga Pro is a “control center” for day and swing traders. It is a platform with trading information, a stock screener, market data, and real-time news.
Unlike the other services on this list, Benzinga Pro itself doesn't send trade alerts — it's a tool for experienced, self-directed traders.
That said, you can set custom trade alerts, which will send you a notification when a stock you're watching hits a certain price point or other criteria are met. Your notifications can come in the form of alerts or emails.
Additionally, there is a very active chat room where traders share the moves they're making each day.
This service isn't for beginners, but if you're an intermediate or advanced trader and are looking for a platform to help take your trading to the next level, you may be interested in starting a trial with Benzinga Pro.
5. Best for becoming a full-time trader: Bear Bull Traders
- Rating:
- Cost: $99/month
Bear Bull Traders was founded by Canadian trader Andrew Aziz.
The service was launched primarily as a trading alert service but has morphed into a much more community-focused offering over the last few years.
Today, the service mostly caters to advanced traders or those who want to make a full-time income from their trading.
In addition to the trade alerts posted by Aziz and a few other lead traders, there is a real-time chatroom, a live trading screen, and a trade ideas scanner, all of which serve as pillars to the service.
Additionally, there is weekly training, in-person conferences, and online education. You can also get access to experienced mentors and trading psychologists.
If you do join Bear Bull Traders, keep an eye out for notifications from Brian Pezim. Pezim posts the vast majority of the swing trading alerts, usually around 2–3 per week.
How we chose the best swing trading alert services
When evaluating investing products and services, we take the following into consideration:
- Core offering: How was our experience testing the service? What's the win rate? How much money will a new member make in their first year and beyond?
- Price/fees: Overall price, value for money, average cost per month, and how that compares to competitors.
- Usability: How easy is the service to follow? Are the trade alerts simple to read and implement?
- Credibility: Track record, quality of advice, transparency, and brand reputation.
- Audience: Who the product is for, whether it actually works for its target audience, if it's the best option available, and any limitations therein.
- Offers: Whether there is a special offer for signing up or any discounts.
Final verdict
If you're having a hard time determining which of these services is best for you, try answering the following questions:
- How many trade alerts per week would you like to receive?
- How important is it for you to learn the strategies behind the trades you're taking?
- Would you rather receive alerts from a specific trader or use software that triggers alerts based on predefined rules?
Based on your answers to these questions, you should be able to narrow the list above down to one or two options. From there, you can pick one, test it out, and see if it's a good fit.
