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Oct
8
awarded  Editor
Oct
8
revised Why use leverage when it does not improve the risk/reward ratio?
The question is misguided in an interesting way, it should stay. Modified his flawed premise.
Oct
8
comment Why use leverage when it does not improve the risk/reward ratio?
The premise of your question is flawed. The ratio of risk/reward is invariant to leverage only when you define reward as arithmetic mean return. But your end-of-period capital is the geometric mean of returns. After you reflect on that for a moment, read up on the kelly criterion and you'll learn that there is in theory an "optimal" level of leverage for any investment with a + expected return.
Oct
8
suggested suggested edit on Why use leverage when it does not improve the risk/reward ratio?
Aug
24
answered Bond futures - calendar spread pricing
Jan
20
answered How to simulate one-minute bars data from one-day bars?
Jan
17
answered CTD and bond futures
Oct
11
awarded  Teacher
Oct
10
answered Why would a 6M LIBOR rate be significantly above 3M LIBOR, ED futures and swap rates?