TheStreet's founder Jim Cramer has more than 40 years of experience on Wall Street. He is all about learning and often shares his own mistakes to viewers and Action Alerts Members.
"Good performance can be directly linked to having fewer positions. I will never buy a stock without first taking one-off". Cramer offers several other rules critical to successful trading.
April is Financial Literacy Month, and we're sharing Jim Cramer's 25 Investing Rules. Watch the video above for the next five rules. We're on rule #11: 'Don't Own Too Many Stocks'.
Rules 6-10 can be found here: Jim Cramer: "Do Your Homework" and Other Investing Rules. We'll be sharing his rules throughout the month of April as part of TheStreet's coverage during Financial Literacy Month.