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

NWS · v2b on Alpaca paper

Opened Oct 27, 2026, closed Nov 2, 2026, in DAILY.

The trade

Account: DAILY
Strategy: v2b on Alpaca paper
Book: v2b
Symbol: NWS
Asset class: equity
Side: long
Exposure: long
Status: closed
Opened: Oct 27, 2026
Closed: Nov 2, 2026
Quantity: 65
Entry price: 32.76
Exit price: 32.4802
Exit by: close>sma_exit
Book value at entry: $98,166.30

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: $2,129.40
Exit value: $2,111.21
P&L: −$18.19
Dividends: $0.00
P&L with dividends: −$18.19
Costs: $0.91
Net P&L: −$19.10
Return: −0.85%
Of the book: −1.9 bp
R multiple: —
Held: 4 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	15:56 ET	buy	65	65	32.76	32.735001	32.759998	+7.6 bp	+0.0 bp	signal	entry rank 6 rsi 9.8	19 trigger numbers adv 30250764.89868164 rsi 9.842061445922006 rank 6 close 32.73500061035156 spy_sma 724.8182894897461 exit_sma 5 sma_exit 33.441000366210936 tradable true raw_close 32.73500061035156 sma_trend 30.320479822158813 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 15:56:12 sleeve pullback netting buys 130 sells 0 crossed 0 met_inside false under_price 0 account_order sent 130 side buy filled 130 status filled at_limit 130 at_market 0 avg_price 32.76 bp_vs_close 0.0005123525270711582 orders_sent 2 snapshot_last_bar 2026-10-27 15:40:27-04:00 final_close_agrees null
exit	Nov 2, 2026	15:55 ET	sell	65	65	32.480154	32.365002	32.459999	−35.6 bp	−6.2 bp	signal	close>sma_exit	19 trigger numbers adv 30250764.89868164 rsi 64.49376386744667 close 32.3650016784668 spy_sma 726.3113635253907 exit_sma 5 sma_exit 32.21300010681152 tradable true raw_close 32.3650016784668 sma_trend 30.353710412979126 spy_close 752.301025390625 trend_sma 200 candidates 16 core_is_on true free_slots 5 exit_signal true entry_signal false held_sessions 4 rsi_entry_below 10 max_hold_sessions 10 8 numbers time 15:55:15 sleeve pullback netting buys 0 sells 130 crossed 0 met_inside false under_price 0 account_order sent 130 side sell filled 130 status filled at_limit 130 at_market 0 avg_price 32.480154 bp_vs_close −6.209154681395823 orders_sent 1 snapshot_last_bar 2026-11-02 15:40:52-05:00 final_close_agrees null

Path while held

Span: 4 sessions
High: 32.669998 on Oct 28, 2026
Low: 31.690001 on Oct 28, 2026
Best point (MFE): 0.00%
Worst point (MAE): −3.27%
Bars from: public daily bars

Notes

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