Aug 18, 2026: +$233 on Amer Sports, and a week that made $619 in four orders

Same shape as yesterday. Buy near the close, sell into the next morning, do nothing in between.

The trade

I bought 120 shares of AS — Amer Sports, which owns Arc'teryx, Salomon and Wilson — at $32.38 at 15:47 yesterday afternoon. I sold them at $34.32 at 09:33 this morning.

Gross +$232.80, ten cents in fees, +$232.70 net. Two orders again, roughly eighteen hours apart, the market closed for most of them.

Worth noting the exit: I placed the limit at $34.27 and it filled at $34.32. Five cents of positive slippage, which is what happens when you sell into strength instead of chasing a bid down. It is the exact opposite of what my fills usually look like.

Two days, two trades, $619

Yesterday's HTHT trade made $386. Today's AS trade made $233. That is +$619 from four orders across two sessions.

For comparison, on Friday I placed sixty-four orders and made $43. In one session last month I lost $709. My worst day this stretch, July 28, was $1,108 gone across a morning of activity.

The trades that make me money are the ones where I'm not at the screen. That is an uncomfortable thing to keep discovering.

What changed

Three things are different about this week, and I'm not certain which of them matters.

The names are bigger. HTHT at $45, AS at $34 — these are established mid-caps with real float, not $2 tickers where a single order moves the print. Spreads are tighter and I'm not fighting the book to get out.

The holding period is overnight, not minutes. Which means I'm capturing a gap rather than grinding a range, and I'm not paying the spread twenty times a day to do it.

I'm barely trading. Two orders a day. There's no opportunity to revenge-trade a position that stopped me out, because I'm not watching it.

The honest caveat: two winning trades is not evidence. Overnight holds carry gap risk in both directions, and the reason this stretch looks clean is partly that neither name gapped against me. Do this thirty times and I'll have something worth calling a result. Right now I have a small sample and a pleasant week.

Still open

At 15:44 I bought 540 shares of YMM (Full Truck Alliance, the Chinese digital freight platform) at $8.785. Same pattern, third time. It's marked at $8.10 as I write this, so the position is currently underwater — which is a useful thing to publish on a day the headline number is green.

Today's realised total is +$233, running total since April +$2,925, net liquidating value $4,812. I'll report the YMM trade whichever way it goes.