Detailed Review of Mindful Trader 2023

Traders Union

In an era where trading has become increasingly accessible and popular, selecting an exemplary trading advisory service can make all the difference in a trader’s journey. Traders Union revealed the Mindful Traders review and is set to shed light on the offerings of the Mindful Trader platform, including its reliability, costs, and educational provisions. What […]

In an era where trading has become increasingly accessible and popular, selecting an exemplary trading advisory service can make all the difference in a trader’s journey. Traders Union revealed the Mindful Traders review and is set to shed light on the offerings of the Mindful Trader platform, including its reliability, costs, and educational provisions.

What is the Mindful Trader

This Mindful Trader review tells in-depth about the service provider. According to Traders Union experts, despite being a relatively new entrant with just two years in operation, the Mindful Trader service has already carved a niche for itself. The platform’s creator, Eric Ferguson, brings over 20 years of proven trading experience to the table. He started his professional trading journey in 2001, employing backtesting mechanics as a cornerstone for developing effective trading strategies. His annual income, which started at 6% in 2001, witnessed an increase to 8% in 2002, hinting at the progression of his trading acumen.

The cost implications of Mindful Trader

Mindful Trader operates on a monthly subscription model, charging $47 for its services with no other paid plans or trial periods. The subscription, renewed automatically with the payment details specified during registration, requires the first month to be paid in full. It can be canceled via user account settings, post which platform access will be restricted for the subsequent month. According to TU’s Mindful Trader review, Eric Ferguson does not offer any discounts, bonus codes, or promotions to offset the subscription cost.

The reliability of the Mindful Trader alert service

Eric Ferguson has a comprehensive suite of supporting documents in place, enabling him to conduct financial activities in accordance with US law. His offerings include trading options and stock alerts, trading method education, and training, for which he charges remuneration. Including tax reporting, transparency is at the heart of Ferguson’s operations.

Throughout its two-year tenure, Mindful Trader has had no disputes or instances of Eric Ferguson failing to fulfill his client obligations. Regular updates to alerts, strategies, watchlists, and frequently published newsletters and educational sessions underscore his commitment. However, it’s important to note that, as with any service, Ferguson does not guarantee profitability on all trades based on his alerts, strategies, and education. But he does advocate for risk reduction via backtesting and mathematical forecasting – critical features of the Mindful Trader.

Key aspects to consider when subscribing to Mindful Trader

According to TU experts, subscribing to the Mindful Trader platform requires understanding a few critical aspects.

  • Monthly Subscription Fee: Mindful Trader operates on a monthly subscription model, with a fee of $47.
  • Payment Details and Renewal: The subscription is automatically renewed monthly using the payment details.
  • Cancellation Policy: Once you cancel, your access to the platform’s services will be limited from the beginning of the following month.

Conclusion

Mindful Trader is a notable trading advisory service offering alerts, educational resources, and robust trading tools. Its transparent operations, adherence to legalities, and focus on education make it a noteworthy option for traders. But as always, one should carefully consider the cost factor and the absence of profitability guarantees. Traders Union encourages readers to visit our official website to learn more about various trading platforms.

 

The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff.

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