How do you define an overleveraged situation? I am adding more and more new positions using profit from my other position + margin + refinance loans. Although no single position is too large, I am still worried -- not sleeping well. Here is my current break down: Equity in stocks / Total (including margin) 309K/640K All of my equities are in LONG. I don't like shorting. Futures: 350K (120K is from refinance loan) The perfect ratio between stock:future, i feel is 5:1, because future is riskier. However my portfolios are in two currencies in two countries that I can not move between two accounts. All of my positions are overnight positions. I sometimes day trade, but mostly end up with loss in day trading. Experts, do you guys think I am in overleveraged situation? The only thing I am worried is a big market correction, especially after HSBC and NEW's earnings -- looking like bad housing sector will drag the market further.