CNBC's Jim Cramer vehemently advised against buying stock during a market rally, even though it may be tempting to do so.
Cramer said he wants investors to take advantage of rallies, but buying when the market is hot means they're letting the rally take advantage of them.
Rallies are a moment when raising cash is essential, but spending it is prohibited, he said.
Instead, Cramer said investors should keep a cool head and come to terms with possibly missing out on buying a stock that's up big.
"If you want to buy a stock and the market's just had a remarkable run, do me a favor and tell yourself you missed it.
Persons:
CNBC's Jim Cramer, Cramer