Jim Cramer is crazy. On his show, Jim Cramer mad money, he jumps about and screams like a crazy guy.
But last year he earned 12% compared to 6% average from investments he picked, so after all that proved he is not crazy at all.
Hundreds of thousands of investors watch Jim Cramer mad money on CNBC each week.
When the investors were panicking due to the market spinning straigth down the toilte and the world was spinning out of control, then Jim Cramer was one of the few choices you can listen above the chaos, many people listened to this guy.
Jim Cramer mad money picks end to be aggressive. They plan for the market to keep doing what it is doing. In other words, if a stock has started going up, Cramer wants to buy and ride it up.
On the other hand, Cramer will dump the stock when it starts to fall, he will do that before it falls any further. That is absolutely not a bad idea when the market is slower and more predictable.
But when market are going badly, stocks can reverse direction in a hurry and this will make them go badly quickly too.
The bad thing about Jim Cramer mad money is when he interviews CEOs, he usually recommend you buy their stock.
If you’re wondering on what stocks to pick, the best advices can actually be gained from Jim Cramer mad money shows, not Cramer’s recommends on those executives stocks.
It is obvious that after he asked people to buy it, many people will buy these stocks, so there will be a short term jump in stock price.
So, if you’re smart on the draw and do the opposite, that you’re ready to sell when he says ‘buy’, you can expect to do quite well.
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