1. Traders should make a habit of writing down the buying power of their account at the start of every trading day in their trade notebook. Again, according to FINRA rule, the largest open day trading positions cannot exceed this start-of-day buying power. Any deposits or proceeds from closing an overnight position cannot be used for day trading until the next business day.
Buying criteria
1) EMA3 > EMA5 2) RSI > 50 and moving upwards
3) MACD histogram ascending, with fast line clearly above slow line
4) Close above Middle BB (MA 20 )
5) With a close above Middle BB (MA 20, volume > 250K )
Fundamentals
1. Shares float
2. Market cap
3. EPS growth
4. P/E ratio
5. Debt