Last week I traded two almost day trades with Snapchat that was very profitable on my side . I traded in a margin US bases account . These two trades leveraged margin .

I have trading accounts with TD . With TD you have a 50 percent margin account . What that means is if you have a dollar you can trade for two ! If you use your max margin amount and your stock falls in price you need to contribute more to maintain your 50 percent margin. The best way to protect yourself from a margin call is to leverage a margin percentage that is less than your max margin. So in this example I may trade for a $1.80 .

Margin trading maximizes your losses as well as your gains – so extreme caution is required .

My commodity positions have suffered in the last few weeks due to Trump’s trade talks . Today the oversee markets gained and Turkey’s currency crisis seemed to have had turned positive. Hopefully this will result in an upswing for my commodity stock positions.

Tesla – Elon Musk is talking his head off about going private at a set price . As much as I am tempted about buying Tesla – I am going to stay away from it because I don’t trust Musk .

Today seems like it would be a positive day for the market based on overnight performance of other markets . I will hold my cash close unless an opportunity comes up .