Forty Years, Ten Rules
Some lessons in trading are cheap. Most are expensive. Lannie Cohen has been in the commodity futures markets for more than 40 years — as a broker, through bull markets, crashes, limit moves, and everything in between — and this guide collects the rules he has watched separate traders who survive from traders who do not. It is short on purpose: rules you can remember are rules you can use.
These are not secrets and they are not a system that promises profits — nothing honest does. They are the working principles of a career spent watching real accounts: how to think about risk before reward, how to size positions, how to handle losing trades, and how to keep one bad day from becoming a bad year. Some rules will sound obvious until the day a market tests them; that is exactly when they matter.
What the Guide Covers
- Risk first — deciding what you can lose before thinking about what you can make.
- Discipline and process — why a plan you follow beats a brilliant idea you improvise.
- Position sizing — the quiet decision that determines whether you stay in the game.
- Losing well — handling the trades that do not work, because there will be plenty of them.
- Common mistakes — the patterns that cost traders money again and again, and how to avoid them.
- Knowing yourself — matching your trading to your temperament, time, and capital.
How to Get Your Free Copy
The guide is free. Call CCS at 317-848-8050 and ask for Lannie's 10 Trading Rules, or send a request through the contact page and the firm will get a copy to you. There is no obligation and no account required. Readers are welcome to follow up with questions — a short conversation with a broker can help apply the rules to your own situation.
If the rules make sense to you, the next step many readers take is the free two-week trial of CCS client services, which includes simulated trading — a way to practice applying the rules with no money at risk. Either way, the guide stands on its own. Futures trading involves substantial risk of loss and is not suitable for all investors.