Jim Cramer’s guide to investing: How to trade effectively

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Jim Cramer’s guide to investing: How to trade effectively
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CNBC's Jim Cramer told investors his key strategies for making successful trades.

Even though CNBC's Jim Cramer doesn't usually tell investors to make trades, he said they should know the basics now that there's so much information about stocks available to any investor.

"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."

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