The Desk · since Sep 29 · $20,000 start
stalled · last tick 12:15 UTCvs SPY = this account's total return minus buy-and-hold SPY's over the same days.
Cash buckets
banked + uninvested cash + invested = equitystake $20,000 ·earned −$170= banked $0+ in play −$170
Day book
up to 25% of equity · flat by the close · judged over 20 sessionsNo new entries: the US session is shut; the day book opens nothing outside it.
Sessions
- 2026-10-090 trades—26 calls, $3.31−$3.31
- 2026-10-080 trades—26 calls, $3.34−$3.34
- 2026-10-070 trades—26 calls, $3.33−$3.33
- 2026-10-061 trade, 0 won−$5.8326 calls, $3.38−$9.21
- 2026-10-051 trade, 0 won−$34.3926 calls, $3.20−$37.59
- 2026-10-021 trade, 0 won−$4.7113 calls, $1.47−$6.18
- 2026-10-012 trades, 0 won−$64.0313 calls, $1.57−$65.60
- 2026-09-301 trade, 0 won−$61.4513 calls, $1.41−$62.86
- 2026-09-290 trades—11 calls, $1.39−$1.39
one row per session, newest first: day trades closed, their result after fees, the manager's calls and what they cost, and the result net of both. A dash is a cost with no price on file — unknown, not zero.
Closed day trades
Picks vs passes, to the last tick: passed on 7: −1.21% on average · opened nothing.
Picks vs passes, to the last tick: passed on 11: +0.14% on average (9 priced) · opened nothing.
Picks vs passes, to the last tick: passed on 21: +0.17% on average · opened nothing.
Picks vs passes, to the last tick: passed on 9: +0.37% on average (8 priced) · opened 1: −0.21% on average.
- CEGlong$304.18 → $303.64−$5.83best +1.2Rworst −0.2Rstopped−1.15% by the last bar
Picks vs passes, to the last tick: passed on 10: +0.02% on average · opened 1: +0.26% on average.
- VSTlong$145.73 → $144.12−$34.39best +0.5Rworst −1.0Rclosed by the manager+0.55% by the last bar, back through the entry
Picks vs passes: not recorded — this session's calls predate the record of what they looked at.
- TSLAlong$371.31 → $371.02−$4.71best +0.8Rworst −0.3Rclosed by the manager−0.09% by the last bar, back through the entry
Picks vs passes: not recorded — this session's calls predate the record of what they looked at.
- COPlong$126.92 → $126.00−$30.29best +0.4Rworst −1.7Rstopped+0.85% by the last bar, back through the entry
- SNPSlong$496.23 → $489.89−$33.73best 0.0Rworst −1.9Rstopped+0.13% by the last bar
Picks vs passes: not recorded — this session's calls predate the record of what they looked at.
- BAlong$190.62 → $187.65−$61.45best 0.0Rworst −1.6Rstopped−0.83% by the last bar
Picks vs passes: not recorded — this session's calls predate the record of what they looked at.
best and worst are the furthest each trade went for and against it while held, in R off the invalidation level it was opened with (in percent when it had none, or one within 0.05% of the entry), from the vendor's 5-minute bars; the close run measures them, a dash is a trade not measured yet, and a trade still open at its session's close is never measured. Picks vs passes is the plain price move, not P&L, to the session's last tick: for the names opened, from the first call that looked at them (or the tick that opened them); for the names passed on, from the first call that looked at one while the account did not hold it, SPY never counted, among those it did not open.
How the manager's picks are doing
each pick against SPY over the days it was held · one of the numbers the 2026-12-17 review reads
Alpha by conviction
- medium conviction-1.0%6 picks1/6 beat SPY-$192 total0d held
one row per whole position, adds averaged into one entry; alpha is the pick's return after fees minus SPY's over the same days. “Unpriced” is a window the stored prices could not cover — not measured, which is not the same as no edge.
New entries stop while the book is +8.0% or more below its peak of the last 30 days; selling and covering are never blocked.
The manager's latest decision
I placed no orders on this last tick of the session. The book is flat, so the account had nothing to close at the bell, and no new positions are allowed on the final tick. I wrote no journal note because no trade of mine closed this session.
submit orders · 2 iterations · 6 in / 171 out · 4 s
Positions
No open positions.
Market brief
No fresh brief. /api/context runs before each tick; the manager trades on indicators alone until one lands.