Can-t-sleep Quote by Jesse Lauriston Livermore
“If you can't sleep at night because of your stock market position, then you have gone too far. If this is the case, then sell your position down to the sleeping level.”
About This Quote
Source Book: Reminiscences of a Stock Operator, 1923
If market positions cause sleeplessness, you’ve over‑leveraged; reduce exposure to a comfortable level.
In simple terms: Stressful trades mean you’re over‑exposed; cut back.
Key Takeaway
Limit risk to preserve peace of mind.
Themes
risk management
trading discipline
mental health
Mood
pragmatic
calm
Type
financial
educational
When to use this quote
- investment strategy
- personal finance
- coaching
Key Concepts
leverage
position sizing
stress reduction
Questions to Reflect On
- What is your personal risk tolerance?
- How do you balance profit and sleep?
A Different Perspective
Over‑cautious cuts can limit gains.
