HOW PNL CAN SAVE YOU TIME, STRESS, AND MONEY.

Should you hedge each and every minute, You would not know the complete pnl from the larger sized SD moves however you do seize the entire pnl in the more compact intraday moves. Conversely, if you only hedge after every day, you won't understand the complete pnl within the more compact intraday moves (like inside your example) but you'd probably i