CNBC's Jim Cramer told investors his key strategies for making successful trades, saying it's most important to start small, have a clear plan of action and only make intentional moves.
"If you're trying to trade, make sure you have a catalyst, an exit point where something's supposed to happen, and then get out of the stock even if the idea doesn't pan out," he said.
"Because you're trading, not investing."
He said he knows he doesn't usually teach home-gaming investors how to make trades.
Cramer recalled a big mistake he made in the beginning of his investing career: putting too much money to work at once and losing big.
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CNBC's Jim Cramer, doesn't, Cramer