When we write in our newsletter and talk to traders we are primarily targeting short term swing traders or "position traders".

When we talk about investing we are thinking at least a 1-3, or 3-5 year window of exposure to a stock.

I want to share some tools with you to help no matter what your style.

There is a growing crowd of people actually day-trading again because there is so much intra-day volatility to be taken advantage of and they are afraid to hold over nights or weekends.

For instance, many times the market will open up or down a hundred points or more in just the first five minutes or so...

... and then spend the rest of the day going slowly the other way making huge gains for those that stepped up to buy (or short) after the first few minutes of trading.

We see this all the time in the Research Lab, so we start taking quotes for "how the day is going" at 9:32am Eastern Time, and display today's results "from the open" and not yesterday's close.

Not long ago we saw the market drop 300 points in the first few minutes and close up 300 at the end of the day.

So all over the financial Internet sites reported the DOW closed up 300 or so, but the reality was the DOW was up more than 600 points from the open.

More importantly you could have been in the "double long" ETFs and gained twice that much in just one day!

This is why the Research Lab is a valuable tool and one you must have in your trading arsenal.

We start populating the stocks to watch list at 9:32 as well and watch the early leaders start to take off.

The idea here is to take the stocks from the picks lists and put them into your streamers at whatever broker you use. Then you can select you choices for "trades of the day".

We see some pretty big winners in there everyday, and some picks will be on one or more lists for multiple days.

Trading can be tricky in markets like this, but then again.. that is where the profits come from. The disparity in value from one trader to the next is what markets are made of.

Day traders, swing traders and position traders all need to understand technical analysis and learn how to properly set a stop-loss and exit strategies that allow you to maximize on your winning trades.

One guy we know that does this every day is Don Harrold. He offers free commentary as well as his premium services that show you exactly what he is looking at and why. He has a pretty good track record of making money for himself and his clients.

He also has a Platinum level of service that gives traders access to his online chat room where they can "trade along with Don" every day.

He really is an interesting guy and has been making quite a stir lately with his You Tube videos critical of Jim Cramer's call on Bear Stearns. Watch It!

For those of you that are swing traders or position traders we have a nifty little free application that you can get to show you some long and short signals on the market and it actually lets you type in symbols and it tells you whether the stock meets 5 characteristics of a successful trade. Check it out.

This software was built by Jeffrey Brewer who also makes the Stock Signal Pro software for those that want technical trading signals on the stocks in their own watch list.

Finally Jeffrey offers a super premium service where he will give you the trades, set ups and all on a silver platter. This is his top end service and a pretty good value for those who like the extra hand holding.

For long term "buy and hold" types there is still no better strategy in my opinion that Position Cost Averaging. This easy to use software forces investors to buy low and sell high trading around their core position.

Finally, I wanted to talk about the picks in the Research Lab this week.

We offer 5 lists every day, plus the focus picks. The Focus picks are stocks that showed up on more than one list and thus deserve a little focus.

The Research Lab also has great information for those wanting to trade currency ETFs, country ETFs or sector ETFs.

Be sure to get the free blueprint too.

Those are some pretty big gainers for just one session and there will be plenty more next week. The Research lab is definitely our best stock picking software yet.

That 70% winner there came today, check it out. Stock picks like that can make a man rich. Become a Premium member of the Research Lab today!

If you have not done so already...

Download the Desktop Finance Portal Today

Until Next Time...

Best Wishes and Good Investing,
Bill McKinley & Doug Newberry
The Investing Systems Network