Flawed leaderboard

My broker has an online trading network where investors can connect with one another, share experiences, ideas, and strategies, see what others are trading, and how they are performing. The performance leaderboard, which displays the performance of the top members on the network, is a flawed concept. The portfolio performance of people who take on risk through leverage and are rewarded for it will always be greater in the extremes than the performance of lower risk strategies. The amount of people who lose their entire investment through leverage is also high - after all, options expire with time. The leaderboard should show risk-adjusted returns. It scares me to think that people will try to replicate the strategy of some of the top performers without such outstanding returns.

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