---
title: Leverage's Impact on Trading Performance
url: https://www.ml-quant.com/papers/ssrn/4489876/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4489876
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4489876
featured: 2023-06-28
citations: unknown
topic: Trading, Microstructure & Execution
---


# Leverage's Impact on Trading Performance

Implied leverage hurts trading performance due to higher costs and forced liquidations.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4489876
- Identifier: SSRN 4489876
- Released: 2021-05-28
- First featured: Quant Letter No. 5 (2023-06-28): https://www.ml-quant.com/issues/2023-06-28/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Trading, Microstructure & Execution

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