Never wrong… just early or late!

Stuck in Citi

I am stuck in my Citibank position at a bad price. I mentioned, in my week 1 trading summary, that this position could pose trouble for me. It is. I am a bit frozen with my capital committed. On top of that, the trade that I wanted to make was a buy of Citi at $2.26.

If you are day-trading / short-term trading, get yourself out of your risky positions in an efficient way. Take your medicine. I need to learn that lesson.

Related articles:

  1. Citi, financial stocks boosted by Paulson buying – MarketWatch
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  5. C back in focus

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