QQQ, Oct 14, 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: short
Exposure: short
Status: closed
Opened: Oct 14, 2026
Closed: Oct 14, 2026
Quantity: 89
Entry price: 733.90
Exit price: 728.269888
Exit by: close
Book value at entry: $45,618.77

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: $65,317.10
Exit value: $64,816.02
P&L: +$501.08
Dividends: —
P&L with dividends: —
Costs: $1.25
Net P&L: +$499.83
Return: +0.77%
Of the book: +109.8 bp
R multiple: —
Held: 268.9 minutes

Role	Date	At (ET)	Side	Qty	Asked	Price	Rule's price	Close	Slippage	Against the close	How	Why	The rule's numbers
entry	Oct 14, 2026	11:30 ET	sell	89	89	733.90	734.11	—	+2.9 bp	—	—	short in: 734.11 < band 735.58	8 trigger numbers at 11:30 lb 735.5806635204931 px 734.11 ub 745.9875108079717 pos −1 vwap 736.5963160320739 reason short in: 734.11 < band 735.58 symbol QQQ 1 number fills 1
exit	Oct 14, 2026	15:59 ET	buy	89	89	728.269888	—	728.95	—	−9.3 bp	close	out by a market order sent at 15:59:00, for the rule's exit at the official close	5 trigger numbers at 15:59:00 held −89 note QQQ: out at market for the close (-89 held) event close_phase symbol QQQ 1 number fills 1

Role	Side	Kind	Qty	Limit	Model price	Status	Filled	Average	Sent (ET)	Filled (ET)
entry	sell	market	89	—	734.11	filled	89	733.90	11:30 ET	11:30 ET
exit	buy	market	89	—	—	filled	89	728.269888	15:59 ET	15:59 ET

Span: 270 minutes
High: 734.23
Low: 726.39
Best point (MFE): +1.02%
Worst point (MAE): −0.04%
Bars from: SIP 1-minute bars

Matched the account: yes
Entry: 734.03 at 11:30 ET
Exit: — at 16:00 ET
Exit by: —
The rule's day: +1.9%
The rule's trades that day: 3

side: −1
symbol: QQQ
exit_min: 960
entry_min: 690

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

inputs

open.at: 10:00:04
leverage: 2.8819121565112296
open.note: QQQ: open 737.98, previous close 743.57, leverage 2.88, 89 shares a leg
open.open: 737.98
open.event: open
prev_close: 743.57
open.shares: 89
open.symbol: QQQ
sigma_10:00: 0.002524507108994941
open.leverage: 2.8819121565112296
open.prev_close: 743.57

QQQ · Noise area

The trade

Result

Entry and exit

Orders

Path while held

The rule's own trade

Notes