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.

Trade

AIG · v2b-TOM on Alpaca paper

Opened Oct 27, 2026, closed Oct 29, 2026, in DAILY.

The trade

Account: DAILY
Strategy: v2b-TOM on Alpaca paper
Book: v2b-tom
Symbol: AIG
Asset class: equity
Side: long
Exposure: long
Status: closed
Opened: Oct 27, 2026
Closed: Oct 29, 2026
Quantity: 26
Entry price: 79.80
Exit price: 81.3548
Exit by: close>sma_exit
Book value at entry: $98,121.84

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.

Result

Entry value: $2,074.80
Exit value: $2,115.23
P&L: +$40.43
Dividends: $0.00
P&L with dividends: +$40.43
Costs: $0.36
Net P&L: +$40.06
Return: +1.95%
Of the book: +4.1 bp
R multiple: —
Held: 2 sessions

Entry and exit

Role	Date	At (ET)	Side	Qty	Asked	Price	Rule's price	Close	Slippage	Against the close	How	Why	The rule's numbers
entry	Oct 27, 2026	15:55 ET	buy	26	26	79.80	79.629997	79.580002	+21.3 bp	+27.6 bp	signal	entry rank 5 rsi 9.7	19 trigger numbers adv 286065591.70684814 rsi 9.748980370725807 rank 5 close 79.62999725341797 spy_sma 724.8182894897461 exit_sma 5 sma_exit 81.35999908447266 tradable true raw_close 79.62999725341797 sma_trend 75.9066611480713 spy_close 770.6857299804688 trend_sma 200 candidates 6 core_is_on true free_slots 10 exit_signal false entry_signal true rsi_entry_below 10 max_hold_sessions 10 8 numbers time 15:55:22 sleeve pullback netting buys 52 sells 0 crossed 0 met_inside false under_price 0 account_order sent 52 side buy filled 52 status filled at_limit 52 at_market 0 avg_price 79.79999999999998 bp_vs_close 27.644906243196044 orders_sent 1 snapshot_last_bar 2026-10-27 15:40:27-04:00 final_close_agrees null
exit	Oct 29, 2026	15:55 ET	sell	26	26	81.354808	81.190002	81.440002	−20.3 bp	+10.5 bp	signal	close>sma_exit	19 trigger numbers adv 294382493.3151245 rsi 74.55647898596271 close 81.19000244140625 spy_sma 725.6255322265625 exit_sma 5 sma_exit 80.60800018310547 tradable true raw_close 81.19000244140625 sma_trend 75.99371288299561 spy_close 768.3300170898438 trend_sma 200 candidates 9 core_is_on true free_slots 8 exit_signal true entry_signal false held_sessions 2 rsi_entry_below 10 max_hold_sessions 10 8 numbers time 15:55:22 sleeve pullback netting buys 0 sells 52 crossed 0 met_inside false under_price 0 account_order sent 52 side sell filled 52 status filled at_limit 52 at_market 0 avg_price 81.35480800000002 bp_vs_close 10.461006735298373 orders_sent 1 snapshot_last_bar 2026-10-29 15:40:08-04:00 final_close_agrees null

Path while held

Span: 2 sessions
High: 81.529999 on Oct 29, 2026
Low: 79.449997 on Oct 28, 2026
Best point (MFE): +2.17%
Worst point (MAE): −0.44%
Bars from: public daily bars

Notes

v2b-TOM: v2b, its SPY core also held through the turn of the month