SPY, Sep 30, 2026 · Trading desk

Paper trading, not investment advice. Every account and book on these pages trades paper money: the Alpaca paper accounts DAILY ($1,000,000 from Sep 30, 2026), INTRA1 ($100,000 from Sep 30, 2026) and INTRA2 ($100,000 from Sep 30, 2026); the simulated books SIM-TT ($100,000 from Sep 29, 2026), SIM-V2B ($100,000 from Sep 28, 2026) and SIM-V2B-TOM ($100,000 from Sep 28, 2026), filled at the official close; and market-analysis's ledgers, one contract per position against a $100,000 reporting equity. No real money is at stake. Positions, trades and P&L are published the same day, as the engines record them, with each number's source and cost model labelled. Nothing here is a recommendation to buy, sell or hold any security, and nothing is tailored to you. Each strategy is a pre-registered experiment, read once on a date or at a trade count fixed in advance; until then its record says little either way. I may hold or have held positions in securities shown here. Markets can and do lose money.

Account: DAILY
Strategy: IBS on SPY and QQQ
Book: ibs
Symbol: SPY
Asset class: equity
Side: long
Exposure: long
Status: closed
Opened: Sep 30, 2026
Closed: Oct 1, 2026
Quantity: 10
Entry price: 762.53
Exit price: 763.99
Exit by: exit
Book value at entry: $100,000.00

Record Trade journal

Cost model

Alpaca paper fills, with no commission. In the DAILY account, shares one sub-book buys and another sells at the same close meet inside the account at the official close, and every leg on the larger side gets one average of that price and Alpaca's fill. Alpaca's SEC and CAT fees, charged by the day, are left out. Commission is estimated at $0.007 a share a side, the rate at the owner's own broker: the net P&L is the P&L less it, without dividends; the P&L, the total with dividends, the return and the P&L in basis points of the sub-book are before it. An open trade is marked at the latest official close, before commission, with the dividends paid so far beside it.

Entry value: $7,625.30
Exit value: $7,639.90
P&L: +$14.60
Dividends: $0.00
P&L with dividends: +$14.60
Costs: $0.14
Net P&L: +$14.46
Return: +0.19%
Of the book: +1.5 bp
R multiple: —
Held: 1 session

Role	Date	At (ET)	Side	Qty	Asked	Price	Rule's price	Close	Slippage	Against the close	How	Why	The rule's numbers
entry	Sep 30, 2026	—	buy	10	65	762.53	766.080017	762.630005	−46.3 bp	−1.3 bp	signal	long entry	2 trigger numbers close 766.0800170898438 reason long entry 8 numbers time null sleeve ibs netting buys 276 sells 0 crossed 0 met_inside false under_price 766.0800170898438 account_order sent 276 side buy filled 44 status expired at_limit null at_market null avg_price 762.53 bp_vs_close −1.3113158697175553 orders_sent null snapshot_last_bar null final_close_agrees true
exit	Oct 1, 2026	—	sell	10	10	763.98999	764.809998	763.98999	+10.7 bp	0.0 bp	signal	exit	2 trigger numbers close 764.8099975585938 reason exit 7 numbers time close sleeve ibs netting buys 122 sells 10 crossed 10 met_inside true under_price 764.8099975585938 snapshot_last_bar null final_close_agrees false

Span: 1 session
High: 765.650024 on Oct 1, 2026
Low: 758.789978 on Oct 1, 2026
Best point (MFE): +0.41%
Worst point (MAE): −0.49%
Bars from: public daily bars

IBS on SPY and QQQ

2026-09-30: bought 10 of 65; the rest dropped

SPY · IBS on SPY and QQQ

The trade

Result

Entry and exit

Path while held

Notes