Mindful Trader Review (2022 Update): Everything You Wanted To Know!

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Updated: April 20

By: Scam Risk - Expert Reviewer

Mindful Trader

Mindful Trader is a significant player in the stock market. It is owned by Eric Ferguson, who earns by digging through important historical data of the industry. However, stock trading is a relatively risky business. But don’t worry because, after reading this Mindful Trader review, you will see if it is the right service for you and whether it is really effective or just a scam.

DISCLAIMER:
This Mindful Trader review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

Table of Contents

Pros: What I Liked

  • In-depth data-driven analysis
  • High grade of transparency
  • Valuable education
The Good

Cons: What I Didn't Like

  • Non-refundable first monthly fee
  • Relatively new service
  • May be too pricey for beginners
The Bad

You probably discovered Mindful Trader for the same reason you might have come across any other financial newsletter, stock trading service, or investment program:

Because you want more money in less time.

And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI).

This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.

The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.

But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions.

Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.

Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers.

But in order to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.

That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty.

But what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:
  • Constantly monitoring your phone for buy/sell alerts
  • Obsessively watching charts and movement
  • The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
  • Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?

TESTIMONIAL - STILL GETTING PAID

If that sounds like something you’d be interested in, check out Digital Real Estate. 

However, if you’d still like to know more about Mindful Trader, keep reading.

What is Mindful Trader?

What Is Mindful Trader

Mindful Trader is a complete trade alert software that provides a stock picking service focusing on swing trades. It allows its customers to duplicate a previously studied trade in a few minutes. For those who don’t know what swing trading is, it is a kind of short-term stock trading that aims to profit from gains in stock prices that are expected to last for a short period of time. Mindful Trader focuses on saving its customers time by reducing the need to research and evaluate the market. Mindful Trader is perfect for swing traders who want to expand their portfolios and earnings but don’t want to surrender their day jobs. Thanks to its numerous features, even those with no prior trading expertise can take advantage of the platform.

One thing that separates Mindful Trader from the rest in the industry is that they provide you with direct contact with Eric himself. You can communicate with him and ask all the things you don’t understand. Form his swing trades, trade performance, and the latest news in the industry. You can tell him about your trading style, ask him what his trading approach is, or even better, exchange ideas to get the most out of the service.

Eric will explain his Mindful Trader strategies, and he will also share with you his tips about how to choose and trade stocks, how to use Think or Swim, and how to use the indicators in the market.

Who Owns Mindful Trader?

Who Owns Mindful Trader

Eric Ferguson is the mastermind behind Mindful Trader. He was a high school valedictorian and one of the few students who got a perfect score on the Math part of the SATs. He is s Stanford University alumni majoring in Economics. This helped him apply his mathematical knowledge to market trends, establishing the perfect platform for someone who was meant to conquer the stock market. As a skilled mathematician, he combines his advanced historical stock market analysis with a conscious approach to trade strategies and discovering stock picks for swing traders.

Mindful Trader Pricing

Mindful Trader Pricing

If you are interested in Mindful Trader, it is best to know that the Mindful Trader cost is $47 a month. Yes, it is much more pricey than buy-and-hold services, but it is significantly cheaper than day trading services. Mindful Trader’s expected returns are in the middle of the other services; therefore, the price looks to be exactly on target. This stock alert services company was developed by Eric, who spent $200,000 of his own money on it, so you’re definitely getting a great bargain!

Mindful Trader Features

If you will spend your hard-earned money on a monthly subscription fee for a stock and trade alert services business, it is only right to know if you are getting your money’s worth. Let us see what other services we can gain from Mindful Trader.

Stock Picks

The main feature of Mindful Trader is its stock picking service. The average number of stock picks you’ll get weekly is between 6 and 8; however, that number may fluctuate widely. There are instances when there will be no stock picks for some weeks, but they have as many as ten stock picks on other weeks.

Various components go into each trade alert. When you get a trade alert, you’ll see something like the following:

  • Bought or shorted. “Bought WMT” or “Bought ETN”: This is the name of the stock he traded. Check to see if there are times when it says “shorted” instead of “bought.” He short sells. However, most of the picks will be for buying things.
  • Sale Price. The selling price follows the “bought” or “shorted” statement. Here, it is stated the price for which he bought or sold the stock.
  • The target price. Before Eric takes further action, the stock must hit this mentioned price. Stocks purchased recently must reach the profit target for him to benefit from selling them. If a short occurs, the stock price must decline to the target level first before he can repurchase the stock.
  • Stoploss: This is one of every trader’s fundamental trading strategies. Stop-loss is used to set a specific price whenever the stock price moves in the opposite direction of what you expect. By opposite direction, it means that direction where you will gain a loss. This will mitigate your losses by selling or buying at a particular price so you can proceed to the next trade.

How Do I Get Started?

How Do I Get Started

Aside from the service from Mindful Trader, you just need a brokerage account and some money to get started. TD Ameritrade is the broker of choice for Eric, but you are free to choose any brokerage you like. To copy Eric’s approach, you’ll need at least $10,000 to get started. As daunting as that may seem, mind that Mindful Trader only costs a monthly subscription fee. Pay-per-portfolio services are virtually always more cost-effective as your portfolio grows. As a result, fees never rise since they don’t charge a portion of your portfolio. The fixed price makes sense since Mindful Trader is not managing your portfolio for you.

Mindful Trader Trade Alerts

Stock trade alerts are there to help you make rapid and profitable trading decisions to build your portfolio and increase your wealth. You will receive a trade alert at least once to thrice a day between 6:30 am and 3 pm. The most common kind of alerts are swing trades alerts, so if you have five minutes to spare, you can take advantage of them. When you receive the swing trade alerts, you will also receive the details about how much Ferguson paid for it, the profit exit, stop loss, and the ticker. These swing trade alerts will be sent to you by phone or email. It also keeps your investment safe by telling you when to exit a transaction if the target price is never reached.

Is Mindful Trader Legit?

Is Mindful Trader Legit

Considering that you won’t give access to any of your money or financial portfolio when you open an account, I can say that they are safe. Moreover, all you have to give them is your email address, and then they can send you swing trade alerts and other services you availed yourself.

So, is Mindful Trader a scam? Not technically. You can make money with it, but it’s definitely not as easy as Mindful Trader makes it sound.

Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.

Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there…and it may never happen.

Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.

They don’t tell you about the 10 100% losers that came before.

In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324…so you’d still be out almost $700.

Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner.

What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Real Estate

It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - SAYING GOODBYE TO OUR JOBS

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.

Are There Alternatives To Mindful Trader?

Yes, there are plenty of other business models to choose from if you want to pursue this making money online.  Here are just a few:

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Real Estate is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.

Why?

1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.

TESTIMONIAL - JUMP ALL IN

2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.
Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.

TESTIMONIAL - FEELING BLESSED

3. Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.

TESTIMONIAL - SCOTT LEAD GEN

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL - LANCE LEAD GEN

1. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - ANNA DONE DEAL

2. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others.

But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

TESTIMONIAL - BOSS OF MY FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like Mindful Trader which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.

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