When it comes to increasing your wealth, you don’t want to be working two or three jobs, and if you already are, you don’t want to take on another. That is why trading and following stock alert services can be the ultimate decision to increase your financial stability and grow your wealth. While some stock alert services can become time-consuming, plenty of them are built for people who simply do not have the time to follow it obsessively.
Mindful Trader is a great example of this. When it comes to swing trade alerts (like Mindful Trader offers), you can expect to only spend a few minutes per day focusing on your alerts. The other percentage of time can be spent doing whatever your life calls for.
A lot of services that are around are strictly for day trades, which can become time-consuming, boring, and can even make you want to quit. When you work a full-time job on the side, the last thing you want to do is spend even more of your time desperately reaching for wealth.
What are stock trade alerts?
Stock trade alerts are a worthy friend when it comes to investing and trading alike. They are great for keeping up to date with the stock market and will notify you when it may be a good time to buy or sell stocks. Stock alerts are a type of trading alerts that will notify you of:
- Technical indicator alerts: When specific technical conditions are achieved.
- Price alerts– When the market shifts by a certain amount in points or as a percentage.
- Economic result alerts: Notification for upcoming economic events.
So, in essence, stock trade alerts will alert a trader when specific types of events occur within the stock market that may benefit them in some form which then means the trader will be able to take whichever action they decide. The action they act on could be anything from placing a trade or simply monitoring it.
While day trading is very widely talked about, people are starting to favour it less and less as they turn to swing trading, a much simpler and less invasive form of trading. Day trading can be an all-day or all-morning thing that requires strict focus, lots of time, and a whole lot of patience. You will have to stay firmly planted at your desk to watch the stocks which is quite frankly a massive time-waster.
If you have plenty of time to spare, go ahead, because day trading is a great way to enhance your wealth, however, as a busy person, it could likely limit you even more. One huge problem with day trading is the fact that all of the alerts are very time-sensitive. You will almost feel chained to your desk as you watch intensely for the alert.
Within two minutes of being late, you can miss a trade opportunity which is not only frustrating but also painful in a way when you have put so much time and effort into something.
Once people have learned about the distinct difference between day trading and swing trading, they tend to opt for swing trading. Swing trading allows you to enjoy your time and enjoy flexibility when it comes to receiving alerts. The best bit is, you don’t have to be chained to your desk to take advantage of the trade alerts because, with swing trade alert services (such as Mindful Trader), you will get just as much benefit from a trade alert even if you are an hour late to respond!
Swing trading can be simple to the point that it almost sounds too good to be true. Eric Ferguson from Mindful Trader could not have said it better in this excerpt from a blog on his website. “Imagine that you’re sitting on the beach. Perhaps sipping a tropical beverage. Your phone makes a sound and you know you’ve received a text. But right now, you don’t feel like moving. So, you keep relaxing. Eventually, you need to go to the bathroom or get a refill, so you go inside at that point. You check your phone while you’re there, and you notice there was an alert from Mindful Trader. You open your trading app and enter the trade and set up the trade exits. Then you go back to your spot on the beach and back to that tropical beverage.”
With so many great options, you may be wondering why Mindful Trader is one of the best, and the answer could not be more certain. Mindful Trader is wildly different from every other stock trade alert service right now. With a mindful approach and a relaxed demeanour, Eric Ferguson knows trading, and he welcomes you along on this wonderful journey he has embarked on.
While mindfulness and trading aren’t two words that usually go together, they have never been more alike. Being mindful has been a key point in Eric Ferguson’s trading success and has created a calm and thought out approach to it all. He says that mindfulness helps him stick to the plan instead of getting derailed by emotions which is a very real thing for most people.
With data-driven alerts that are thoroughly researched and made easy to follow, Mindful Trader is very much so making a huge impact in the world of trading. With the world becoming more spiritually aware, mindfulness is a very attractive point, especially in an industry that can be stressful (trading).
Not only does Mindful Trader have a great and calming approach to trading that is very needed, but Eric Ferguson also focuses on the data behind everything. Mindfulness and data together are a powerful force. So, what do you need to get started? After you sign up with Mindful Trader, all you need is a way to receive text messages/emails, a trading account, and also some money to trade with.
It is as simple as that.