RealMoney Radio Mailbag: Limit Yourself

Cramer explains the importance of using limit orders.
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Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.

Do you recommend using limit orders?-- Billy from New York

Jim Cramer

: I believe that investors should always use limit orders, which allow them to specify the maximum price to pay for a stock. This is especially important when trading at the open, where market orders are basically invitations for a bad price.

Do you think Intel (INTC) - Get Report or Microsoft (MSFT) - Get Report has more potential upside?-- Roger from California

Jim Cramer

: I believe Microsoft, which I own for my

ActionAlertsPLUS charitable trust, has more upside potential than Intel, which I recently sold. At this point, Intel might not find support until the teens, and the competitive picture with

Advanced Micro Devices

(AMD) - Get Report

is not favorable.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by

clicking here

.