The market doesn't care what price you pay for a stockEvery day that you own a stock, you're committing to it at its current price, whatever that price may beThere's nothing wrong with buying a stock at $193 and then selling it at approximately the same priceIt's a nothing trade and should be immediately forgottenHowever, what if the stock ran to ...
Read the full story and get access to the Real Money Pro trading floor.
There's no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.