12 Swing Trade Alerts Services [Apps for Profitable Trades, 2024]

One of the most difficult aspects of trading is identifying profitable trade opportunities. Though, swing trading also requires time and attention to identify trades and vet them for trade setups and load them into your trading platform.

However, this requires using your own swing trading strategy to identify trading opportunities. You can just as easily outsource your swing trade stock picks to swing trade alerts services well-versed in technical analysis and swing trading strategies for you to buy or sell.

Specifically, when you look to make a swing trade, it’s important that you find a swing trade alert service that will help identify these trades for you in an understandable way with a clear rules-based approach complete with an actionable watch list, stock scanners, exit points, signals, satisfied subscribers and more.

In this article we outline different swing trade alerts services and provide details about how they work so that traders can make the right choice when it comes to which service to use.

Best Swing Trade Alerts Services—Top Picks

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What Is Swing Trading?

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Swing trading is the practice of buying and selling stocks within a relatively short period of time (although there’s no hard-and-fast rule on how quickly one must trade in order to be considered swing trading).

For trade profit potential, the range can vary from as small as 20% to as much as 100%, depending on the trader. The goal is that by taking advantage of price swings, traders will make more on their winning trades and lose less on their losing ones.

Traders can swing trade in a number of different ways, including:

• holding positions overnight
• holding positions for multiple days or weeks
• buying and holding for longer periods of time (momentum)

They may also use a mix of these swing trading strategies. For a swing trader to be successful in the stock market, they need to establish disciplined trading systems for their stock picks and how they handle stock market movements.

What Are the Best Swing Trade Alerts Services?

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A swing trader may choose to receive help through subscribing to swing trade alerts services to aid their swing trade actions.

Some alert services specialize in different timeframes, ranging from intra-session day trading to multi-day, week or month swing trades or even medium-to-longer term swing trades and stock picks on momentum or growth stocks.

These swing trading alert service offerings can often build a community around the service in a stock chat room or other forum where swing traders learn from each other.

A swing trader can share about brokerage account performance, comment on market conditions and generally discuss trade ideas and thoughts as a swing trader.

The list of best swing trade alert services below runs the gamut from timeframe, cost, types of alerts and subscription model. Learn about each one to understand which swing trade alert service is best for your needs.

Consider a few options to understand the tools they use, system and profit target they establish and learn as much as you can from your annual or monthly subscription. Now, let’s get an idea about the swing trade alerts options available to you today.

1. Trade Ideas (Best for Active Swing and Momentum Traders)

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• Available: Sign up here
• Best for: Active swing and momentum traders
• Price: Trade of the Week Newsletter: Free; $1,068/yr. for Standard (paid annually); $2,136/yr. for Premium (paid annually); discounts available with a code found in the box below

Trade Ideas employs an artificial intelligence-powered assistant named Holly. This AI becomes your virtual research analyst who never sleeps and instead sifts through technicals, fundamentals, social media, earnings, and more to pick stocks as real-time trade recommendations.

Holly stays busy, too. She runs more than 1 million simulated trades each night and morning before the markets open with more than 60 proprietary algorithms to find you the highest-probability, most risk-appropriate opportunities to invest in stocks.

This stock scanning and analysis tool doesn’t stop there, though. You can also build your own scanners and screeners with over 500 data points and indicators to choose from. You can backtest your trading strategies, and also forward-test them in the real-time trade simulator. This allows you to learn, test, and optimize, without risking your own money.

The powerful service allows you to access real-time streaming trading ideas on simultaneous charts to learn how to trade into risk-reward balanced trades. In other words: You can invest and learn at the same time.

Where Trade Ideas excels

Where Trade Ideas excels is not only giving you the data and ideas you haven’t seen elsewhere, but also how to manage your money. The AI-powered smart risk levels on every chart are suitable for both long-term investors and active traders.

As the stock market evolves, TI’s software adjusts levels and the trading plan to match. The best part? You can learn how to do all of this without risking your principal through a real-time simulated trading environment.

After you’ve grown comfortable with the service and trading, you can choose to go live with the trade ideas and start investing real money by connecting directly through a brokerage like Interactive Brokers or E*Trade. (The full list of available brokers you can use through the service is available on Trade Ideas’ site.)

I’m a newsletter and alert aficionado, so I should point out a couple of Trade Ideas products. For one, it has a standalone alert service in the form of a weekly Swing Picks newsletter. This gives you five new trade ideas in your inbox from the company’s model portfolio every Monday. Trade Ideas’ Standard and Premium subscriptions include these stock picks. Trade Ideas also has a free Trade of the Week newsletter highlighting one stock pick TI has identified for members.

How does Trade Ideas find stock picks?

Trade Ideas finds its Strength Alerts by focusing on a unique approach that emphasizes relative strength. They start by identifying the most effective indicators and chart setups, based on their top-performing algorithms. They proceed by applying statistical analysis to assign weighted values to each indicator and chart setup, allowing for a quantitative evaluation of their significance. Advanced server technology allows TI to evaluate every stock in the market using these weights and then sort them based on which achieved the highest score. Their team of experts curates these findings to ensure subscribers receive only the most promising trade recommendations.

While Trade Ideas offers exceptional value, it’s important to note that there’s a considerable investment required. Note that you must sign up for Premium to receive full access to the Holly experience. However, you can enjoy a big discount by using the code mentioned below.

Consider starting your Trade Ideas subscription with no contract involved. Cancel anytime.

Related: Best Brokerage Account Sign-Up Bonuses, Promotions and Deals

2. TrendSpider (Best for Refining Trading Strategies)

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• Available: Sign up here
• Best for: Traders of all experience levels looking to trade more efficiently
• Platforms: Web, mobile app (Apple iOS, Android)

TrendSpider offers a comprehensive platform for traders to create, backtest, and refine trading strategies, scan and analyze the market, and time trades with precision. With its advanced tools and features, TrendSpider is designed to make trading more efficient for both novice and experienced traders.

Among the platform’s powerful tools:

• Robust technical charting and pattern recognition features, such as native multi-timeframe analysis, automatic trendlines, and Smart Checklists
• Raindrop Charts^®, which provide a new way to visualize market data, focusing on trading volume at each price level
• Alternative data offerings including information on options flow, analyst actions, market breadth, insider trades, and more
• Data Flow, which enables real-time tracking of market data for all symbols, including analyst estimates, earnings, news, and unusual options flow
• Strategy Tester, which allows users to quickly develop and test trading strategies without any coding required; users can configure entry and exit rules and explore the performance of their strategies directly on the price chart
• Backtesting capabilities for technical, non-technical, and event-based strategies; once a winning strategy is identified, users can deploy it as a trading bot with just one click

Of particular note for traders is TrendSpider’s Scanner feature, which allows you to instantly test any strategy on any market and search for ideal trading opportunities. The stock scanner supports searching through watchlists, indexes, and more than 700 smart lists. Users can mix and match conditions and timeframes, allowing them to express any view in a single scan. The platform also provides a range of pre-made scanners to help users get started.

TrendSpider’s mobile app ensures traders are always connected to their charts and scanners, while the Chrome extension allows users to access real-time charts while browsing the web. The platform also offers extensive educational resources through TrendSpider University and detailed documentation for its features.

The platform also supports integration with external systems using webhooks, enabling traders to build custom alerts and bots that interact with social media channels, private chat servers, email, or order routers connected to brokerage accounts. TrendSpider’s SignalStack service can turn any signal or alert on TrendSpider into a live order in a trader’s account.

Learn more about the platform’s capabilities or sign up for TrendSpider today.

 

3. Benzinga Pro (Best for Fast Actionable Market News and Research)

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• Available: Sign up here
• Best for: Day traders, swing traders
• Price: Basic: $27/mo.; Essential: $177/mo. or $1,404/yr. paid up front

Benzinga Pro is a platform for day and swing traders and investors to get fast, actionable market news and research.

The service specializes in providing exclusive breaking news stories on publicly traded companies, sometimes 30 minutes before the official PR comes out from the company. The tickers who’ve seen these early releases have moved between 30% – 100% or more.

Benzinga’s Newsfeed covers all sectors, analyst ratings changes and SEC filings from companies. You can customize these news feeds based on watchlists you create within the platform.

Other notable Benzinga Pro features include:

• News Squawk – Benzinga has a team that calls out actionable news during pre-market all the way through after hours. Having someone call out the news in real time is a big plus.
• Insiders – What’re insiders of a company doing? Buying? Selling? How much do they own in total? Great tool to find out what insider holdings look like within the company.
• Scanner – Get real time movement updates on the stock market. This also can be customized.
• Charting – You can chart stocks within the Benzinga Pro platform (integrated with TradingView)
• Calendar – Get dates on earnings reports, dividends, economics data, FDA data, IPOs, SEC Filings + so much more.

If you’d like the fastest real-time news feed, profitable trading ideas and exclusive content, consider signing up for Benzinga Pro today.

 

4. MetaStock (Best Stock Prediction Software)

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• Available: Sign up here
• Best for: Day traders, swing traders

MetaStock is a longtime player in the technical analysis tools industry. Several versions of the software are available, depending on your trading needs.

MetaStock offers options for day, swing, and EOD traders to trade stocks, options, commodities, futures, and more.

Specifically, MetaStock offers a number of products that help you with identifying entry and exit points in stocks. In particular, they offer two products to achieve this:

• The Expert Advisor. This service provides immediate buy/sell alerts, relevant and immediate plain-English commentary and can even send alerts by email. These features allow you to utilize the most popular systems, charting styles, and Buy/Sell signals instantly with the click of a mouse.
• The Forecaster. Available exclusively in MetaStock, patent-pending technology provides a new and unique way to view probable price direction for securities. The tool offers a probability-weighted, easy-to-read picture of the future. The service blends statistics with proprietary math to help you more precisely set profit targets and stops.

For frequent traders, MetaStock R/T uses real-time data so you can make informed decisions about what to buy and sell and when to make the most money possible.

You also can customize solutions to fit your trading style and build and backtest trading strategies.

For traders who prefer to do their analysis after the markets close, there’s MetaStock D/C, which comes with a one-time price of $499. However, both products offer free trials, so you can test them before committing to a subscription or fee.

The software comes with over 150 indicators and interpretations that help you understand how to trade based on each indicator.

Advanced users also can write their customized indicators. Plus, along with the ability to backtest trading strategies, you can also use the software to make predictions about future trading.

One drawback to MetaStock is that the software is currently only compatible with the Windows operating system.

 

5. Benzinga Options Premium (Best for Options Traders, Day Traders and Real-Time Alerts)

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• Available: Sign up here
• Best for: Options traders
• Price: $97/yr.

Benzinga Options relies on the insights and findings of veteran options trader, Nic Chahine, a full-time trader.

He’s achieved significant results during his career by relying on fully-researched, high conviction options trades rooted in in-depth analysis.

The service provides 24 options picks per year, or 2 winning trade ideas each month under the Benzinga Options Starter package.

Each recommendation comes with an ideal price target and expected timeline for executing each trade—requirements for an effective swing trading alert service.

 

6. Seeking Alpha (Best for Investment Research + Stock Recommendations)

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• Available: Sign up here
• Best for: Investor-traders
• Price: 7-day free trial for Premium and Pro. Premium: $167/yr.*, Pro: $2,400/yr.

Seeking Alpha Premium caters to the needs of intermediate and advanced investors looking for an affordable, all-inclusive, one-stop-shop for their investing needs.

Seeking Alpha Premium acts as an all-in-one investing research and recommendation service that offers insightful analysis of financial news, stocks, and more—all designed to help you make better investing decisions.

Whether you’re looking to invest on the go or dedicate time for more in-depth research and analysis, Seeking Alpha provides features that meet your needs.

No other site provides what Seeking Alpha does, providing unlimited access to everything from:

• Earnings calls transcripts
• Seeking Alpha Author Ratings and Author Performance metrics
• 10 years worth of financial statements
• Ability to compare stocks side-by-side with peers
• Access to dividend and earnings forecasts and much, much more.

How Has Seeking Alpha Premium Performed?

Seeking Alpha’s Premium subscriptions provide access to the service’s Stock Quant Ratings. These represent collections of the best (to the worst)-rated stocks according to three independent investment resources provided on Seeking Alpha’s website.

These cross checks and validations come from: (1) the Seeking Alpha Quant Model, (2) Seeking Alpha independent contributors, and (3) Wall Street analysts. The list of best stock recommendations gets further vetted by quantitative and fundamental analysis.

For example, the service offers its Triple Rated Top Stocks collection, which contains a listing of the top rated securities—all of which get validated by “Very Bullish” or “Bullish” ratings held on the platform.

All this attention to detail pays off, too.

Have a look at the dramatic market outperformance seen by these Top Rated Stocks from Seeking Alpha Premium as compared to the S&P 500 (total return with dividends reinvested):

What to Expect from Seeking Alpha’s Paid Plans

Seeking Alpha has over 16,000 active contributors sharing well-written stock analysis. In-house editors vet these pieces before being read and discussed by millions of people.

Reading different opinions about the same stock helps investors develop their own informed opinions on the likelihood a stock will rise or fall. I recommend this approach when learning how to research stocks.

In addition to diverse, deep-dive research articles, Seeking Alpha’s website has fundamental analysis tools, a Trending News feed, crowdsourced debates, and market data.

Users can create their own portfolios to follow favorite stocks, see how choices perform and receive email alerts or push notifications. You also have access to podcasts and video content.

While the website has a significant amount of information, some features remain reserved for the Premium Plan and Pro Plan members.

Seeking Alpha Premium

With a Seeking Alpha Premium subscription, you will enjoy unparalleled access with an ad-lite interface across your user experience.

Seeking Alpha Premium can help you manage your portfolio with a large investing community so you can better understand the financial world.

Access more premium content, author ratings and performance to get ideas for your next investment.

Premium plan members can see the ratings of authors whose articles they read. It’s useful to know if you’re reading a piece written by someone with a top record or a poor track record.

“Expert” analyses are reserved for Premium members as well. This plan includes a stock screener letting you filter by average analyst rating and gain access to listen to conference calls and other presentations.

Seeking Alpha Pro

A Seeking Alpha Pro subscription comes with all the features of Seeking Alpha Premium, but also comes with extra features like:

• The Top Ideas recommendation list
• Exclusive newsletter subscriptions and interviews
• VIP Editorial Concierge
• Seeking Alpha Pro screener for investing ideas
• No ads—providing you with fewer interruptions to your reading experience.

Why Subscribe to Seeking Alpha?

In short, Seeking Alpha distills down the relevant financial information for you so you don’t have to—making it easy for anyone interested in self-directed investments to have a chance at outperforming the market. Now’s your chance with Seeking Alpha’s Paid Plans!

Consider starting a subscription to take advantage of SA’s Premium services and see if they make sense for your needs, or check out our Seeking Alpha review to learn more.

Related: Best Seeking Alpha Alternatives [Competitors’ Sites to Use]

7. Mindful Trader (Eric Ferguson’s Swing Trade Alert Service)

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• Available: Sign up here
• Best for: Short-to-medium term swing trades
• Price: $47/mo.

Mindful Trader provides members with swing trade alerts that have a track record of success. Users receive around five to fifteen trade alerts each week. All recommendations come based on a data-driven approach employed by Eric Ferguson, the founder of Mindful Trader.

Members have access to the creator’s watchlist, his live positions shown in the member dashboard and historical data with the trades conducted since inception. You can use this paid swing trading alerts service to take advantage of short-term movements in the market. The service provides trade windows and clear guidance on when to open and or close positions to follow the service’s swing trading methodology.

The price is $47 per month and cancelable at any time.

 

8. Scanz (formerly EquityFeed Workstation)

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• Available: Sign up for 7-day free trial
• Best for: Day traders, swing traders
• Price: News: $79/mo.; Scanner: $99/mo.; Bundle: $149/mo.

The most acclaimed feature of Scanz (formerly EquityFeed Workstation) is the “FilterBuilder.” With this tool, you can filter and pick stocks based on your desired criteria, including value, growth, momentum or even penny stocks.

Scanz offers search tools and market data. The “pattern recognition” tool sends alerts when stocks are making new highs or lows, breaking volume averages, and more. Unfortunately, this trading stock software doesn’t offer backtesting or automated trading.

Scanz is a powerful stock trading software platform and is one of the best options on this list. Consider starting a free trial to see how effective the service can be for capturing alpha in your portfolio.

 

9. Motley Fool Rule Breakers (Now Part of Epic)

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• Available: Sign up here (must subscribe to Motley Fool Epic to get Rule Breakers)
• Best for: Investors who want growth-stock picks
• Price: Discounted price for the first year (shown below)

Motley Fool Rule Breakers, which is now an exclusive part of Motley Fool Epic, recommends stocks that the Rule Breakers team believes have massive growth potential. In some cases, these companies are at the forefront of emerging industries—in others, they’re disrupting the status quo in long-established industries.

This technology-centric portfolio isn’t about picking what’s popular now—it’s about looking for stocks that will eventually become the next big thing. That means these Motley Fool picks have the potential to be nauseatingly volatile … but also to rocket higher exponentially.

Rule Breakers’ team has six rules it follows before making stock recommendations to subscribers:

1. Only invest in “top dog” companies in an emerging industry. As Motley Fool puts it: “It doesn’t matter if you’re the big player in floppy drives—the industry is falling apart.”
2. The company must have a sustainable advantage.
3. The company must have strong past price appreciation.
4. The company needs to have strong and competent management.
5. There must be strong consumer appeal.
6. Financial media must overvalue the company.

In other words, Rule Breakers’ team considers a number of factors before it ever recommends a stock to its users. If it’s not a well-run company with a sustainable advantage over its competitors, and it’s not in an emerging industry, it probably won’t get past Rule Breakers’ velvet ropes.

What to expect from Motley Fool’s Rule Breakers

In addition to getting access to the whole Motley Fool Rule Breakers portfolio, you’ll receive one new stock pick every month (complete with full analysis and risk profile) and a ranking of the team’s 10 favorite picks out of Rule Breakers’ hundreds of recommendations.

And because you must subscribe to Epic to get Rule Breakers, you’ll also unlock:

• Stock Advisor: Buy-and-hold stock picks designed to deliver consistent performance with less volatility. You can also subscribe to Stock Advisor individually. 
• Hidden Gems: Stocks of medium-to-large businesses, selected by Fool CEO and co-founder Tom Gardner for their “all-in, visionary leadership teams.”
• Dividend Investor: Fool analysts target companies that deliver above-average yields and dividend growth, with the hope of producing both competitive total returns and an income stream that should carry you through retirement.
• Fool IQ+: An upgraded version of Stock Advisor’s Fool IQ. This tool provides detailed financial data, analysis, and news about all publicly traded, U.S.-listed stocks, as well as advanced charting options.
• GamePlan+: An upgraded version of Stock Advisor’s GamePlan. GamePlan is a hub of financial planning content and tools; GamePlan+ delivers a wider array of articles and tools, as well as more in-depth coverage.
• Epic Opportunities: A members-only podcast from Motley Fool.

You can get Epic at a discounted rate for your first year, and it has a 30-day membership-fee-back period. If you’re interested in Rule Breakers, you can learn more in our Epic review or sign up for Epic today.

 

10. Motley Fool Stock Advisor

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• Available: Sign up here
• Best for: Buy-and-hold growth investors
• Price: Discounted rate for the first year (shown below)

Motley Fool’s signature product, Stock Advisor, aims to provide investors with one thing: top picks for market-beating stocks from the site’s co-founders.

Stock Advisor is an online investment service that espouses my favorite, plain-vanilla trading style: buy-and-hold. Fool analysts provide recommendations for both “Steady Eddies” and potential high-flying stocks with sound fundamentals—an ideal combination of holdings if you want to generate strong performance without risking extremely high volatility.

Importantly, Stock Advisor doesn’t just give you a list of tickers and call it a day—it also provides investment rationales and research for each pick to help educate you before you buy.

And now, Stock Advisor membership provides access to Motley Fool GamePlan: a hub for retirement and financial planning content and tools to improve not just your portfolio, but your entire financial life. GamePlan outlines three portfolio strategies—Cautious, Moderate, and Aggressive—with picks for mutual funds, exchange-traded funds (ETFs), and stocks, including allocation recommendations. It also hosts a library of content about financial planning, including topics such as everyday finances, health and wellness, and estate planning. And it boasts tools including a variety of calculators, such as credit card interest and mortgage calculators.

How has Motley Fool Stock Advisor performed?

Stock Advisor stock picks have performed exceptionally well over the service’s 22-year existence. The service has made 190 stock recommendations that have historically delivered 100%+ returns.

Overall, the Motley Fool Stock Advisor stock subscription service has returned 740% through July 24, 2024, since its inception in February 2002. This number is calculated by averaging the return of all stock recommendations it has made over the past 22 years. Comparatively, the S&P 500 Index has returned 163% over that same time frame.

What to expect from Motley Fool Stock Advisor

The Motley Fool Stock Advisor service provides a lot of worthwhile resources to members:

1. “Foundational Stocks”: 10 stocks that can serve as the foundation of your portfolio, whether you’re a new investor or experienced
2. Two new stock picks each month
3. Monthly analyst rankings of the service’s top 10 stocks based on their potential to beat the market over a five-year span
4. A list of all the service’s active picks, “hold” recommendations, and closed positions
5. Recommendations for stock and fixed-income exchange-traded funds (ETFs) you can use to build a diversified portfolio core
6. Access to the GamePlan financial planning hub
7. Access to Fool IQ, which provides essential financial data and news summaries about all U.S.-listed publicly traded stocks
8. Access to a community of investors engaged in outperforming the market and talking shop

The service charges a discounted rate for the first year and has a 30-day membership-fee-back period. Read more in our Motley Fool Stock Advisor review, or sign up for Stock Advisor today.

 

Save on Motley Fool with Epic

Want more Fool? You can get Stock Advisor and Rule Breakers, as well as Hidden Gems and Dividend Investors—and a wealth of additional investing and financial tools, to boot—through Motley Fool Epic. We have an entire Motley Fool Epic review where you can learn more.

 

11. Tim Alerts (Best for Penny Stock Day Traders)

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• Available: Sign up here
• Best for: Penny stock day traders
• Price: $697/yr.; $1,297/yr. for Pennystocking Silver

Penny stocks present an appealing opportunity to buy when a stock trades for a low value in the hopes of making quick money when it moves up suddenly.

Tim Sykes rose to fame by taking around $12,000 in bar mitzvah financial gift money and day trading it on penny stocks. By the time he’d graduated college, he’d become a self-made millionaire with the intent of teaching others how to replicate his success.

He’s created a stock picking service in addition to financial services, educational content and training to retail investors.

He provides his Tim Alerts daily newsletters with penny stock picks every market day around 8am EST / 5am PDT with a set of stock watchlists for the day. You can receive this by email, SMS or even push notifications in real time throughout the trading day.

Subscribers also get live chat room access with a paired proprietary trading app.

The service also includes the ability to access a library of over 7,000 videos and courses to train you on how to trade penny stocks and potentially replicate Tim’s success.

 

12. Pilot Trading

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• Available: Sign up here
• Best for: Day traders
• Price: $19.95/mo. after 14-day free trial

Pilot Trading using psychology-based AI algorithms that monitor market participants for real time trading flows.

The trading platform detects market direction and attempts to anticipate when the market will reverse direction, allowing you to monetize this insight for your stock research.

The app follows over 37,000 securities and provides active alerts on when you can trade them. You can connect the stock analysis app to your online broker for direct in-app trading to see your trading in action.

The service integrates with a number of brokers, including TradeStation.

To use the service, you need to download and install the app with your free 14-day trial, create your watchlist to track real-time AI-driven sentiment and receive opportunities for making emotion-free and data-driven trades.

 

Best Swing Trade Alerts Services

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Swing trading is a great way to make money, but it can be hard to find the right stocks and trade opportunities. You need to know what you’re looking for and have the time and attention to identify them.

These swing trading services are designed specifically for traders who want help with their stock picks, trading strategy, trading alerts, exit points, market signals, etc. They each offer a different type of subscription that range from intra-session day trading all the way up through medium-to-longer term swing trades on momentum or growth stocks.

These services for swing trade alerts provide clear rules-based approaches complete with an actionable watch list, scanners, idea vetting, swing trading alerts, and more. Some of the short-term swing trade alert services come with profit targets, real-time day trades, on-going market commentary and even courses to develop your own trading system.

Others offer to link to your brokerage account to simulate trades risk-free, meaning you can act on a swing trade alert without having to place your own money at risk.

Consider subscribing to any of these services to learn more about them and whether trading alerts make sense for your needs. They might be able to point you in the right direction toward conducting your own stock research and analysis for more long-term investing (or day trading) so you can do this for a living.

Related: Best Day Trading Platforms, Software and Apps

Frequently Asked Questions About Services with Alerts: Swing Trading

What are Swing Traders?

A swing trader is someone who speculates in financial markets by making bets on securities’ shorter-term movements like days, weeks or months. They identify swings seen in numerous asset classes like stocks, commodities and currencies which happen over a short to extended period of time.

A swing trader compares to a day trader in the sense that they take advantage of movements in securities, though over different time frames. Day traders think in minutes or hours while a swing trader thinks in days or weeks (possibly even months if there’s enough momentum in a security’s movement).

Likewise, where a swing trader also differs from a day trader is risk tolerance. Day traders think in small sums for each trade, minimizing their risk and profit. Rather than trying to make any profit on small movements in the market over time, a swing trader takes advantage of large swings that happen every now and then. Profits might be big on each trade, allowing a swing trader to make a tidy profit.

Though, a swing trader isn’t without risk mitigation techniques. Like day traders, a swing trader can set a stop loss on their trades to guard their downside on long positions, or a buy stop order on short positions.

Should You Subscribe to a Swing Trade Alerts Service?

If you subscribe to a swing trading alerts service, make sure you follow along initially in a paper trade account through a stock trading app like Webull. This way, you can learn how this swing trading service works while testing out their performance.

Do You Need Trading Experience to Take Advantage of These Swing Trade Alerts?

Many of these services aim to simplify your subscription by not requiring prior trade experience, especially in the case of the Motley Fool services, Mindful Trader, and Tim Alerts.

Trade Ideas is a very powerful, AI-driven tool that can be best utilized by seasoned traders. Likewise, MetaStock offers powerful stock prediction software.

That said, you don’t need to be highly sophisticated to use the tool, especially as they offer courses and have a free chat room to explore prior to opening an account or receiving alerts through their high-powered platform.

Many of these support your ability to open an account with beginner stock trading app with apps like Robinhood, Webull or others, or even a fully-featured offering like TradeStation.