I see a lot of bashing on Jim Cramer's Picks, so I decided to make a journal using the strategy I think you can win with trading Jim Cramer Stock Picks. First of all, its clear to me at least, that when JC recommends a stock he doesn't expect you to just sit on it and wait for good things to happen, you have to do your HOMEWORK, not every pick is GOOG or UNH. There are a few rules to follow when trading this strategy though, here they are: 1. Trade only his discussion segment stocks. Never take advice from the lightning round, he didn't have time to research this material and the advice is for the show (theatrical), not for you. 2. Concentrate on his 5 most stressed stocks in the discussion segment (sometimes there will be less, sometimes more), it's like a class and the teacher emphasizes what you really need to know for the exam, Cramer will mention a few stocks but he definitely stresses on in particular, thats the one you need to trade. 3. if you missed the show you can get his picks from www.madmoneyaddict.com, they list all his picks and which part of the show they are from. 4. Only take buy recommendations, not a positive mention or a sell (to short), only take buy recommendations from JC. Ok now to the strategy. It's definitely simple. Attached is the spreadsheet I made using this strategy, it will be easier to read once you see whats going on here. 1. Cramer mentions a stock and its one of the top five mentions, you buy the stock at the open the following day, simple. 2. Put $5,000 into each position you take. 3. 5% upside, 2.5% downside to every pick, thats where you need to place your limit orders and your stop orders. 4. Wait for your stops and limits to be hit. Ok so how much money would it take to trade this way? I'd say you'd need about $100,000-200,000 in buying power. It might be a lot of money but if you have it and want to try out a cool new strategy pay attention to this journal. So far this week 55k was the maximum invested in the markets. Here's a spreadsheet for the picks since Monday's show. Some of the cell's are using msn stock lookup add-in so if you don't have that feature it might not show up well, you can go to microsoft.com to download it.