Do Your Homework Results – March 12, 2015

Traders,
I would like to share with you the results from a trader that recently joined us. The name has been removed to protect the privacy. I think every trader should do the same in their growth toward trading as a business.
TraderShark
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Date: Thu, March 12, 2015 1:05 pm
To: “brian@tradershark.com” <brian@tradershark.com>
Hi Brian,
Just wanted to share with you an exercise I did based on the review you did with us a couple of weeks ago of the day’s trades watching ONLY CCI’s on anchors and triggers.
Using “Market Replay” (on Ninja) from Jan/Feb data, I took 50 trades watching CCi’s exclusively, no price action at all, no other indicators. I only took trades between 10:00 and 11:30am.
Entered trades when proper countdown and TL cross on trigger and extreme on anchor(s) etc. Used atr as T2. Exited a trade if anchor/trigger crossed against.
Results were 76% (38 out of 50 trades were winners). Most of the trades were on ES but I did take 8 on 6E (7/8 winners) I was shocked at the accuracy. I have not tried this with live trades but it really drives home where the focus needs to be when trading. When patient and wait for the correct set up, the odds are definitely in favor! The ultimate challenge resides in my head.
Thank you for your excellent teaching.
D