Am I overleveraged?

Quote from austinp:

<i>"All of my equities are in LONG. I don't like shorting."</i>

Sooner or later, your long-only portfolio will be either sideways or drawn down for some period of time. If you attempted to live off such a strategy from early 2000 thru late 2002, the results would be dire.

You aren't sleeping well because you consciously know what you are trying to accomplish is unsustainable. It is inevitable that the $100k+ yield on a long-only portfolio will eventually be interrupted, to say the least.

Your mind is telling you it knows what you're doing cannot last... that tactic is working now, but for a limited time to come.
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You know me exactly!
 
<i>"You know me exactly!"</i>

Yourself... and countless 1,000s of others positioned exactly the same. That's why the next real correction will be violent... erasing many traders (small and huge) who are loaded up on the long side with no room for heat.

Normal market action is up & down, trending higher or lower. Too many players are loaded overweight to the long side now, that cannot be sustained forever.
 
if you're not sleeping because your position bothers you,then you probably will not trade well either,shrink it down to where you are comfortable and level headed,the market will always be here,make sure you will
 
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