$begingroup$ In the event you evaluate just one example, it may well look like the frequency of hedging directly outcomes the EV/Avg(Pnl), like in the situation you explained in which hedging each individual minute proved to generally be a lot more successful. Kurt G.Kurt G. 2,38944 silver badges1717 bronze badges https://bookmarkcork.com/story19875180/top-latest-five-pnl-urban-news