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

CTVA · v2b on Alpaca paper

Opened Oct 19, 2026, closed Oct 20, 2026, in DAILY.

The trade

Account: DAILY
Strategy: v2b on Alpaca paper
Book: v2b
Symbol: CTVA
Asset class: equity
Side: long
Exposure: long
Status: closed
Opened: Oct 19, 2026
Closed: Oct 20, 2026
Quantity: 167
Entry price: 12.63
Exit price: 12.8607
Exit by: close>sma_exit
Book value at entry: $97,139.35

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: $2,109.21
Exit value: $2,147.73
P&L: +$38.52
Dividends: $0.00
P&L with dividends: +$38.52
Costs: $2.34
Net P&L: +$36.18
Return: +1.83%
Of the book: +4.0 bp
R multiple: —
Held: 1 session

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 19, 2026	15:55 ET	buy	167	167	12.63	12.67	12.65	−31.6 bp	−15.8 bp	signal	entry rank 2 rsi 4.4	19 trigger numbers adv 354989278.98687744 rsi 4.4274002418781055 rank 2 close 12.670000076293945 spy_sma 722.3357180786132 exit_sma 5 sma_exit 13.03799991607666 tradable true raw_close 12.670000076293945 sma_trend 11.968917441368102 spy_close 768.2849731445312 trend_sma 200 candidates 7 core_is_on true free_slots 2 exit_signal false entry_signal true rsi_entry_below 10 max_hold_sessions 10 8 numbers time 15:55:10 sleeve pullback netting buys 334 sells 0 crossed 0 met_inside false under_price 0 account_order sent 334 side buy filled 334 status filled at_limit 334 at_market 0 avg_price 12.63 bp_vs_close −15.809975599506698 orders_sent 1 snapshot_last_bar 2026-10-19 15:40:47-04:00 final_close_agrees null
exit	Oct 20, 2026	15:55 ET	sell	167	167	12.860659	12.99	12.90	+99.6 bp	+30.5 bp	signal	close>sma_exit	19 trigger numbers adv 354989278.98687744 rsi 65.07361588206437 close 12.989999771118164 spy_sma 722.7784155273438 exit_sma 5 sma_exit 12.95999984741211 tradable true raw_close 12.989999771118164 sma_trend 11.983273224830628 spy_close 768.219970703125 trend_sma 200 candidates 7 core_is_on true free_slots 7 exit_signal true entry_signal false held_sessions 1 rsi_entry_below 10 max_hold_sessions 10 8 numbers time 15:55:09 sleeve pullback netting buys 0 sells 334 crossed 0 met_inside false under_price 0 account_order sent 334 side sell filled 334 status filled at_limit 334 at_market 0 avg_price 12.860659000000002 bp_vs_close 30.49660441366231 orders_sent 1 snapshot_last_bar 2026-10-20 15:40:05-04:00 final_close_agrees null

Path while held

Span: 1 session
High: 13.035 on Oct 20, 2026
Low: 12.60 on Oct 20, 2026
Best point (MFE): +3.21%
Worst point (MAE): −0.24%
Bars from: public daily bars

Notes

v2b: RSI(2) pullback in S&P 500 stocks, and SPY while above its 200-day average