HELPING THE OTHERS REALIZE THE ADVANTAGES OF PNL

In case you hedge each minute, You would not comprehend the complete pnl of the more substantial SD moves however, you do seize the complete pnl on the smaller intraday moves. Conversely, if you only hedge as soon as daily, you will not notice the total pnl from the scaled-down intraday moves (like inside your case in point) but you'd probably in r