Once you subscribe, you can go to the login page to see whether you should be buying or selling the market. Nasdaq Wizard will also keep you updated on any signal changes via e-mail. If there is a signal change, you will be e-mailed no later than 8:00 pm the night before you will need to make the change. Subscribers also get to benefit from the Mid-Week Commentary page of our website, which was designed to answer your questions, in addition to posting commentaries on the current market action.

How to act when a signal changes
You can visit our FAQs page for any additional questions you may have.
Or e-mail us!

BUY: Always do the change immediately

401K Plans
Users with 401K plans find our system extremely easy to use, as these plans are limited in options. The user must simply move their money from any money market or bond fund to a stock market fund. When a BUY signal is issued, we will recommend an allocation for your 401k. The percentage of money that you move into the market fund should correlate with your risk tolerance. If you are fearful of losing money, start with a smaller percentage and build as you feel more secure with our system. If you have more experience with the stock market and are willing to take the risk, put a large portion of your retirement into the fund, up to the entire 100%.



IRAS
IRAs are still somewhat limited, but are certainly the best vehicle for retirement. When our signal changes to BUY, you have a few choices. You can sell any short mutual funds you may have (listed below) and open a long (buy) position in an ETF (also listed below) or you may sell any short mutual funds you may have and buy into one of the mutual funds in the ProFund or Rydex family (more information below). In most accounts if you do not have any cash free, you will have to wait for the short fund to be sold before you are able to buy any shares of an ETF. Most online brokerages will allow you to exchange a short fund for a long fund in one transaction (call your online brokerage for details). Just as with your 401k plan, the percentage of money that you move into an ETF or one of the ProFunds or Rydex funds should correlate with your risk tolerance. If you are fearful of losing money, start with a smaller percentage and build as you feel more secure with our system. If you have more experience with the market and are willing to take the risk, put a large portion of your retirement into the ETF or matching mutual fund, up to the entire 100%. We mention leveraged funds below as possible options, we certainly are not endorsing such risk.



Independent Accounts
Independent accounts offer the most freedom. When our signal changes to BUY, you should automatically close out any of your short positions in ETFs and open long (buy) positions. In most accounts, if you do not have any cash free, you will have to wait for the short position to be covered, before you are able to buy additional shares. With individual accounts you have the ability to use margin (borrow money from your online broker) as well. You will have to apply for margin if you are interested. Please be aware of the many risks associated with borrowing money before you apply. Trading on margin should not be taken lightly. With a margin account you are able to trade up to an additional 100% of your available cash, provided you have the minimum requirement of $2,000. Just as with our other plans, the percentage of money that you move into ETFs should correlate with your risk tolerance. If you are fearful of losing money, start with a smaller percentage and build on that as you feel more secure with our system. If you have more experience with the stock market and are willing to take the risk, put a large portion of your money into ETFs, up to the entire 200%, if you are trading on margin. At Nasdaq Wizard we have great belief in our systems, but we do not support the user being fully margined. For investors with a high-risk tolerance, we advise you to use anywhere from 120%-150% of your money, never more.



SELL: Always do the change immediately



401K Plans
Users with 401K plans find our system extremely easy to use, as these plans are limited in options. The user must simply move their money from their stock market funds to a bond or money market fund. Unlike with the BUY signal, we strongly encourage you to move all of your money out of the stock market fund and into the bond or money market fund. The worst case scenario is that you miss out on part of an upward move that would enhance your portfolio. You certainly cannot lose money this way.



IRAS
IRAs are still somewhat limited, but are certainly the best vehicle for retirement. When our signal changes to SELL, you have a few options. You can move all of your money out of your ETFs, ProFund, or Rydex investments and have it sit in a money market fund or you can choose to purchase mutual funds or ETFs that will short (sell) the market (listed below). In most accounts, if you do not have any cash free and have an ETF investment, you will have to wait for the ETF investment to be sold before you are able to buy shares in one of the mutual funds. Most online brokerages will allow you to exchange a long fund for a short fund in one transaction (call your online brokerage for details).The short funds listed below will sell the market, allowing you to make money as the market falls. Just as with your 401k plan, the percentage of money that you move into a mutual fund (should you choose to do so) should correlate with your risk tolerance. If you are fearful of losing money, put a small percentage of your money into a fund and build as you feel more comfortable. If you have more experience with the market and are willing to take the risk, put a large portion of your retirement into one of the funds, up to the entire 100%. We mention leveraged funds below as possible options, we certainly are not endorsing such risk.



Independent Accounts
Independent accounts offer the most freedom. When our signal changes to SELL, you should automatically close out any of your long positions in ETFs, and open either a short (sell) position or leave it in cash and wait for the next buy signal. In most accounts, if you do not have any cash free, you will have to wait for the long position to be covered in the morning, before you are able to buy additional shares. In order to short ETFs, you will need to have a margin account. You have to apply for margin if you are interested. Please be aware of the many risks associated with borrowing money before you apply. Trading on margin should not be taken lightly. With a margin account you are able to trade up to an additional 100% of your available cash, provided you have the minimum requirement of $2,000. Just as with our other plans, the percentage of money that you short with ETFs should correlate with your risk tolerance. If you are fearful of losing money, either leave your money sitting in cash until the next buy signal, or short only a small percentage of money and build on that number as you feel more secure with our system. If you have more experience with the stock market and are willing to take the risk, short a large portion of your money, up to the entire 200%, if you are trading on margin. At Nasdaq Wizard we have great belief in our system, but we do not support the user being fully margined. For investors with a high-risk tolerance, we advise you to use anywhere from 120%-150% of your money, never more.



FUNDS:


The ticker symbols highlighted in red are the short funds and short ETFs. The ETFs highlighted in blue are the most liquid of the ETFs and we suggest that you trade these symbols if you are interested in shorting the same ETFs during a sell signal that you bought during a buy signal. The asterisks indicate funds that are leveraged at 150%.

If you are using our system with your 401k, we will recommend an allocation with each new BUY signal. Even though our system was designed looking at the tops and bottoms of the NASDAQ market, we would encourage our subscribers to make use of the many trading vehicles available.

The default allocation for our long-term system is an even long or short (depending on the current signal) of QQQQ, SPY, and IWM. The default allocation for our mid-term system is an even long or short (depending on the current signal) of QQQQ, SMH, and IWM.