Cramer's using his years of experience in day trading to explain the perils involved

Today, the Wall Street Journal ran a brilliant article titled, More Men Are Addicted to the Crack Cocaine of the Stock Market. As the piece points out, investors are hooked on the market's riskiest trades. The result was to this. At times, the trading led to mood swings, sleepless nights, even depression, not to mention spiraling losses. Reading this piece, I felt like it was talking about me and my hedge fund days. At one time, I was known as Reverend Jim Bob from the church that was happening now, an epithet coined by the late, great Mark Haynes, former anchor of Squawk Box. I was deeply involved in day trading, but remember, I was a professional with huge amounts of resources, a full-time research staff. That was 24 years ago. Since retiring from my chart, I've gone away from day trading and now emphasize only buy and homework, which is my twist on buy and hold, because things can change with the company. Don't miss a second of Mad Money. Follow at Jim Cramer on X. Have a question? Tweet Cramer. Hashtag MadMentions. Send Jim an email to madmoneyatcnbc.com or give us a call at 1-800-743-CNBC. Miss something? Head to madmoney.cnbc.com.