Member Resource
The Wagner Daily: Subscriber Guide
How to read the report, how alerts work, and how to trade alongside the model portfolio.
Read in about 12 minutes. Bookmark it and come back to the sections you need.
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Start Here: The Five Things That Matter Most
- The report is the plan. Every trigger price and every stop price in the morning report is live for that session. You don't need permission to act on them.
- A trigger hit means you're in. A stop hit means you're out. These rules run automatically, whether or not you hear from us during the day.
- Never wait for an alert to honor a stop. Rick usually sends a courtesy alert confirming what the report already said. Usually isn't always. The stop in the report stands on its own.
- Sizes are percentages, not share counts. A 6% position means 6% of your account, whatever your account is worth.
- The model portfolio is hypothetical. It's a teaching tool that shows the methodology applied consistently. It's not a managed account and it's not personal advice.
1 Set Up Your Access (First 15 Minutes)
Do these five things now and you won't have to think about them again.
1. Make sure the report reaches your inbox
Check your welcome email for the address we send from, and add it to your contacts. If the first report lands in Promotions or Spam, drag it to your main inbox and mark it as not spam. Gmail and Outlook both learn from this. A report you never see is a report you can't act on.
2. Join the Wagner Daily group on Telegram
Your invite link was sent in your welcome email. You'll see it listed as VIP Wagner Daily. Section 9 explains the two topics inside. Can't find the email? Email help@morpheustrading.com and we'll send it again.
3. Turn on notifications for the Alerts topic
Thirty seconds, and it's the fastest way to catch our alerts. Steps are in Section 9.
4. Check your SMS preferences
Log in to the members area and confirm your mobile number and text settings are how you want them.
5. Read one report before you trade
Let a session go by. Watch how a setup triggers, where the stop sits, how the numbers move. You'll trade the second one with far more confidence than the first.
2 What You Get, and When
The Wagner Daily report. Sent before the market opens, Monday through Friday. This is your plan for the session: market condition, what we're watching, what we hold, where every stop sits.
Real-time trade alerts. Sent during the session when something needs your attention. Delivered by SMS text and posted to the Wagner Daily Alerts topic in Telegram.
The Wagner Daily Telegram group. Our live trading room, split into two topics: Wagner Daily Chat, where Rick and the community talk through setups, questions, and market action during the day, and Wagner Daily Alerts, where trade alerts post automatically. This is the room that used to run on Slack. It lives on Telegram now.
The weekly watchlist. Updated every Sunday. The link sits in the report so you always have the current version.
The members area. Log in any time to read past reports, manage your SMS preferences, and handle your account.
The published record. Every closed trade, wins and losses, gets tracked and reported. We've done this since 2002. You'll find the running numbers at the bottom of each report.
3 The Rules That Run Automatically
This is the most important section on this page. It's been the backbone of this service for more than twenty years.
If price hits the trigger, the position is open
Watch list entries print with a trigger price. If price reaches that trigger during the session, the model portfolio is in at that price. You don't need a confirmation to act.
If price hits the stop, the position is closed
Every open position prints with a stop price. If price reaches that stop, the model portfolio is out. No exceptions and no waiting.
Silence means the printed plan stands
If you hear nothing from us during the session, the report you read this morning is still the plan. No news isn't a reason to hesitate.
Alerts announce changes
Rick sends alerts when something differs from the morning report, or as a courtesy to confirm an action the report already described. Courtesy alerts are common, but they aren't guaranteed on every trade. Treat them as a helpful backup, never as the authorization.
A stop is listed in the report, price breaks it, and the subscriber holds because no text arrived. That's the single most expensive mistake you can make with this service. The report already told you what to do.
Percentages, not share counts
Every size in the report is a percentage of account equity. Section 7 shows you how to convert that to your own account.
4 Reading the Report, Top to Bottom
The report is built in the same order every day, so you can learn where to look and stop reading the parts you don't need.
MTG Market Timing Model banner
A colored band near the top. Green means Buy Mode. Amber means Wait Mode. This is the market condition, and it sets the tone for everything below it. Section 5 explains it.
Today at a Glance
Everything that changed since the last report, in a few lines: new setups with their trigger and stop, stops that moved, partial exits, trades that closed. If you have two minutes before the open, read this box.
Summary strip
Open positions, total invested, open profit and loss, cumulative return. When we're flat, this gets replaced by a single line saying so. Being in cash is a position, not an oversight.
Watch List
| Column | What it means |
|---|---|
| Symbol | The ticker. A SHORT tag means we're looking to sell short. |
| Size | Percentage of account equity if the trade triggers. |
| Trigger | The price that puts the position on. Above this level for longs, below it for shorts. |
| Stop | Where the trade is wrong. Set before entry, never after. |
| Risk | The distance from trigger to stop, as a percentage. What the setup costs you if it fails. |
| Target | Where we expect to take profit, when we publish one. Not every trade has one. |
A setup that doesn't trigger isn't a missed trade. It's a trade that never existed.
Open Positions
What the model portfolio currently holds. Columns cover size, average entry, last price, current stop, and profit and loss shown two ways: the move on the trade itself, and what that move is worth to the whole portfolio.
Under a symbol you may see an italic line showing how a position was built or reduced across different dates. That's scaling, and it's normal.
Closed Since Last Report
Trades that finished since the last issue, with average entry, average exit, and the result. Losses appear here exactly the same way wins do.
Notes & Updates
Short, per-symbol notes: a stop moved, a partial exit taken, a reason for an exit.
Commentary and charts
Rick's read on the market and on individual names, with annotated charts. This is where the reasoning lives. If you want to understand why the model portfolio is positioned the way it is, read this.
Unofficial Setups
Tickers only, with no guidance, no trigger, no stop, and no tracking. These are ideas for experienced traders who want to do their own work. They aren't part of the model portfolio and they aren't alerted. If you're new, skip this section entirely.
Published record
The running numbers on all closed trades. Wins and losses both.
The flags
5 The MTG Market Timing Model
Most of what determines your results isn't which stock you pick. It's whether you should be buying at all.
The model has two modes and only two modes.
Why only two
Because a third option invites opinion, and opinion is what costs traders money. Buy or Wait is a decision you can act on. "Cautiously optimistic" isn't.
We react, we don't predict
The model doesn't tell you where the market is going. It tells you what the market is doing now and what to do about it. When conditions deteriorate, we move to cash and wait for evidence before returning. When the evidence arrives, we act on it, whether or not the headlines feel good.
That's the whole idea behind trade what you SEE, not what you THINK.
What Wait Mode asks of you
Sitting in cash is the hardest part of this methodology for most people. It feels like doing nothing. It isn't. Preserving capital during a bad stretch is what leaves you able to participate in the good one. Cash is a position.
6 The Methodology in Brief
A short overview so the report makes sense. This is a summary, not the full curriculum. Section 14 tells you where the complete methodology lives.
- What we trade. US growth stocks, primarily. We want the names showing the most relative strength, the stocks outperforming the broad market rather than lagging it.
- When we trade. Only when the market timing model supports it. Market condition first, individual setup second.
- Where we enter. We wait for price to prove itself by trading through the trigger. We don't buy in anticipation.
- Where the stop goes. Before entry, always. It moves in one direction only: in our favor as the trade works.
- How we manage a winner. Short-term moving averages are the test for staying in. As long as the trend holds, we hold.
- How we take profit. Often in pieces: selling part of a position and holding the rest.
- How much we risk. Size is calculated from the stop, not from conviction. Section 7 covers this.
That's the outline. The exact criteria behind every one of those steps is what TradeQuest teaches, in full.
7 Position Sizing
Why we publish percentages
Our subscribers run accounts of every size. A share count that suits one account is reckless in another and pointless in a third. A percentage works for everyone. When the report says 6%, it means 6% of account equity. On a $10,000 account that's $600. On a $250,000 account it's $15,000.
There's no dollar figure attached to the model portfolio. It's percentage based by design so you can mirror it at any account size.
Our sizing is conservative on purpose
Positions in the report generally run 5% to 8% of equity, with the dollar risk on each trade at roughly one third of one percent of equity. That's deliberately cautious. Many experienced traders run larger, in the range of 10% to 25% per position, risking half a percent to one and a half percent per trade.
Larger positions accelerate returns. They also accelerate losses and make trades harder to hold when they move against you. Find the level you can execute calmly and stay there.
The formula
The professional way to size a position is to work backward from your risk, not forward from your enthusiasm.
Entry price − stop price = risk per share
Dollars at risk ÷ risk per share = number of shares
A $20,000 account risking 1% per trade means $200 at risk. The setup triggers at $52.00 with a stop at $48.00, so risk per share is $4.00. $200 divided by $4.00 gives 50 shares.
Notice what happened. The stop determined the size. Not a round number, not a gut feeling, not how good the chart looked.
Why size is calculated last
Entry and stop come from the chart. Size comes from arithmetic. Reverse that order, decide the size first, and you'll end up moving the stop to fit the position, which defeats the purpose of having a stop.
The reason this matters more than your entries
Risk one percent per trade and you can be wrong ten times in a row with about ninety percent of your account intact. You're still in the game. Traders don't fail because they can't find setups. They fail because one oversized position undoes a year of good work.
8 Placing the Trades
You don't need to watch the screen
This methodology was built for people with jobs, and for members trading US markets from other time zones. Everything you need is decided before the open.
Take the trigger and the stop from the report and place them with your broker as resting orders in the morning:
- The entry. A buy-stop order at the trigger price. It sits dormant and fills only if price reaches the trigger.
- The exit. A stop-loss order at the stop price, placed as soon as you're filled.
- Both together. Many brokers offer a bracket or OCO order that attaches the stop automatically when the entry fills. If yours does, use it.
Names vary between brokers. The concepts don't. If you're unsure what your broker calls these, ask in Wagner Daily Chat and someone will know.
Trading from outside the US
US markets are open 9:30am to 4:00pm Eastern. If that falls in the middle of your night, place your orders before you sleep and let them work. Members across Asia and Europe run this service exactly that way. The report timestamp shows GMT, so you can convert to your local time without guessing.
If you join while trades are already open
This one matters. When you subscribe, the model portfolio will usually already hold positions, and some may be well in profit.
A position that's already run is extended, which means the current stop sits far below the current price. Entering there gives you a much worse risk profile than the members who entered at the trigger. Start with new setups from the Watch List instead. Within a week or two you'll be in step with the portfolio.
9 How Trade Alerts Work
Where alerts come from
SMS text message. Sent to your mobile number on file. You control this in the members area.
The Wagner Daily Alerts topic in Telegram. Every entry, stop change, and exit gets posted there in real time.
How the Telegram group is laid out
The Wagner Daily group uses topics, so you'll see two separate spaces when you open it:
- Wagner Daily Chat. The live trading room. Rick and the community discussing setups, market action, and questions throughout the day. This is a conversation, so it moves quickly.
- Wagner Daily Alerts. Broadcast only. Nobody can post in here except us, so no alert ever gets buried under conversation.
Keeping them apart is deliberate. It means the alerts stay clean and complete, and the chat can stay as busy as it likes.
Viewing your full alert history
Because Wagner Daily Alerts is broadcast only, it doubles as a permanent, timestamped log of everything we've sent. Every alert follows the same short format, so they're easy to spot when you're scanning:
Header, timestamp, one plain line telling you what happened. Stop changes get the same treatment ("New $XYZ stop is 44.10"), and so do exits ("Selling $XYZ at market for a 4% gain").
- Open Wagner Daily Alerts and scroll back. Every alert is there in order, timestamped.
- To find a specific trade, use Telegram's search inside the topic and type the ticker.
- This is the fastest way to answer "what exactly did they say, and when" without asking anyone.
Past reports themselves live in the members area, so between the two you have a complete record: the daily plans in the members area, the intraday actions in Wagner Daily Alerts.
Turn on notifications for the Alerts topic
Telegram handles notifications per topic, so switching them on for the group isn't enough. Do it for Wagner Daily Alerts specifically.
- Open Telegram and go to the Wagner Daily group.
- Open the Wagner Daily Alerts topic.
- Tap the topic name at the top of the screen.
- Find Notifications and make sure it's switched on and not muted.
- Turn on sound while you're there, so an alert reaches you even in your pocket.
- Check that Telegram itself is allowed to send notifications in your phone's own settings. This is the step people miss.
Because notifications are per topic, you can leave Wagner Daily Chat quieter and still get pinged for every alert.
What generates an alert
Anything that changes the plan you read this morning: a new entry taken, a stop moved, an exit, plus the occasional courtesy alert confirming something the report already described. As Section 3 covers, treat that courtesy alert as a bonus, never as the reason you acted.
10 Trading Alongside the Model Portfolio
The model portfolio is hypothetical
It exists to show the methodology applied with discipline, every day, in public, including the trades that don't work. It's a teaching tool. It doesn't hold real capital, and it isn't personalized advice for your situation.
Your results won't match exactly
They aren't supposed to. You'll fill at slightly different prices. You may size differently. You may skip a trade. All normal. What should match is the process: defined entry, stop set before you commit, size calculated from the stop.
When you miss an entry
If price has already run well past the trigger, let it go. Chasing turns a good setup into a bad one. There will be another.
When the market gaps
If a stock opens well below your stop, the stop is gone and you exit at the open rather than at the printed level. If a stock gaps far above a trigger, treat it as a missed trade rather than an expensive entry.
Four ways subscribers hurt themselves
- Taking only the trades that look good. The published returns come from taking the whole sequence.
- Oversizing the one you feel sure about. Certainty is a feeling, not a signal.
- Averaging down. Adding to a loser to improve your average is how a small loss becomes an account problem.
- Ignoring the timing model. Taking new positions in Wait Mode because you're bored is the most common way to give back a good quarter.
11 What Normal Looks Like
New subscribers sometimes expect a winner every week. Setting a realistic picture now will save you from quitting a methodology at exactly the wrong moment.
Losing trades are part of the plan, not evidence against it. We take small losses on purpose so we never take a large one. A string of them in a row is uncomfortable and completely ordinary.
Quiet stretches happen. In Wait Mode there may be very few new setups for weeks. This isn't the service going idle. What you're paying for on those days is the discipline to stay out.
A few trades carry the year. Most trades finish small, in either direction. A handful of large winners do the heavy lifting. That's precisely why skipping trades is risky.
Judge the process over months, not days. A week tells you nothing. A quarter of following the rules tells you a great deal.
12 Common Questions
Do I have to take every trade?
Why are there no positions some days?
Can I use this with a small account?
What about options, or a non-US broker?
When does the report arrive?
I didn't get today's report. What do I do?
Where is the weekly watchlist?
Where can I read past reports?
How do I stop or change SMS messages?
I forgot my password.
Can I share the report with a friend?
Who do I contact?
13 Glossary
- Trigger
- The price that must be reached before a setup becomes a position.
- Stop
- The price at which a trade closes for a loss. Set before entry.
- Trailing stop
- A stop raised as a trade moves in your favor, to protect profit.
- Buy-stop order
- A resting order that buys only if price rises to your trigger.
- Bracket / OCO order
- An entry with a stop attached, placed automatically when you're filled.
- Relative strength
- How a stock performs against the broad market. We want the outperformers.
- Extended
- Price has run too far above its moving averages to enter with sensible risk.
- 8-day EMA / 20-day MA / 50-day MA
- Moving averages we use for entries, stops, and trend tests.
- Pivot
- A price level where a stock is likely to accelerate if it breaks through.
- Scaling in
- Building a position in more than one purchase.
- Scaling out / partial exit
- Selling part of a position and holding the rest.
- Follow-through day
- A confirming session after a market low, evidence the trend has turned.
- Cash is a position
- Holding cash is an active decision, not an absence of one.
- Unofficial setup
- An idea shared without guidance or tracking. Not part of the model portfolio.
14 Learn the Methodology Itself
The Wagner Daily hands you the fish. Every morning you get the trades, the levels, and the market condition, and you can act on all of it without knowing why it works.
TradeQuest teaches you to fish.
It's the complete methodology behind every trade in this report: how we identify the leading stocks, the exact entry criteria, where stops go and why, the full position sizing rules, and the market timing model itself. Eight modules, more than two hundred video segments. It's the only trading education program in the world with IEAC accreditation, from the same body that accredits university continuing education.
Try the 14-day preview for $27
You get all of Module 1, the first technical analysis lesson, and the Advanced Preview Vault, including the standalone lesson on the MTG Market Timing Model. Two live Sunday sessions with Deron come with every preview window, plus a $600 discount on the full course while the preview is active.
Start the 14-Day Preview for $27If you've been following the trades and want to understand the reasoning underneath them, this is the shortest path.
15 Access and Help
Members area (past reports, SMS preferences, account): dashboard.morpheustrading.com/login
Forgot your password? Use Forgot Password on the login page.
Wagner Daily group on Telegram: your invite link was sent in your welcome email, listed as VIP Wagner Daily, with Wagner Daily Chat and Wagner Daily Alerts inside. Need it resent? Email help@morpheustrading.com.
Strategy questions: ping @Rick in Wagner Daily Chat
Account and billing: ping @Rhomuel in Wagner Daily Chat, or email help@morpheustrading.com
