QQQ, 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: INTRA2
Strategy: Noise area
Book: noise
Symbol: QQQ
Asset class: equity
Side: long
Exposure: long
Status: closed
Opened: Sep 30, 2026
Closed: Sep 30, 2026
Quantity: 54
Entry price: 743.568149
Exit price: 743.59
Exit by: signal
Book value at entry: $45,000.00

Record Trade journal

Cost model

Alpaca paper fills, with no commission; 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; the P&L, the return, the P&L in basis points of the book and the R multiple are before it. The rule book's day return is the rule's own replay on SIP bars, after the research's own costs: $0.0035 a share a side in commission for the noise area and $0.007 for the other rules, and a cent a share of slippage on every fill except a resting limit order's and the noise area's exit at the close.

Entry value: $40,152.68
Exit value: $40,153.86
P&L: +$1.18
Dividends: —
P&L with dividends: —
Costs: $0.76
Net P&L: +$0.42
Return: +0.00%
Of the book: +0.3 bp
R multiple: —
Held: 89.9 minutes

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	11:00 ET	buy	54	54	743.568149	743.59	—	−0.3 bp	—	—	long in: 743.59 > band 743.30	8 trigger numbers at 11:00 lb 734.833358911085 px 743.59 ub 743.2961249273019 pos 1 vwap 742.7148031378166 reason long in: 743.59 > band 743.30 symbol QQQ 1 number fills 1
exit	Sep 30, 2026	12:30 ET	sell	54	54	743.59	743.74	—	+2.0 bp	—	signal	long out: 743.74 < max(band 743.84, VWAP 743.10)	8 trigger numbers at 12:30 lb 734.2948012430987 px 743.74 ub 743.8363319933744 pos 0 vwap 743.0961145069659 reason long out: 743.74 < max(band 743.84, VWAP 743.10) symbol QQQ 1 number fills 1

Role	Side	Kind	Qty	Limit	Model price	Status	Filled	Average	Sent (ET)	Filled (ET)
entry	buy	market	54	—	743.59	filled	54	743.568149	11:00 ET	11:00 ET
exit	sell	market	54	—	743.74	filled	54	743.59	12:30 ET	12:30 ET

Span: 91 minutes
High: 745.10
Low: 742.73
Best point (MFE): +0.21%
Worst point (MAE): −0.11%
Bars from: SIP 1-minute bars

Matched the account: no
Entry: — at —
Exit: — at —
Exit by: —
The rule's day: −0.1%
The rule's trades that day: 3

the noise-area rule on SPY and QQQ: checks on the half hour 10:00-15:30, out at the close

inputs

open: null
leverage: 1.7953336304372014
prev_close: 737.93
sigma_10:00: 0.002705991049088617

QQQ · Noise area

The trade

Result

Entry and exit

Orders

Path while held

The rule's own trade

Notes