NOT KNOWN FACTUAL STATEMENTS ABOUT PNL

Not known Factual Statements About pnl

For those who hedge every moment, you wouldn't realize the complete pnl on the greater SD moves but you do seize the entire pnl of the smaller intraday moves. Conversely, if You simply hedge as soon as each day, you will not understand the entire pnl with the more compact intraday moves (like in your example) but you'd probably in return comprehend

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