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DMIC2059 Tools


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DMIC2059 Tools

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  #1 (permalink)
Fort Worth
 
 
Posts: 1 since Sep 2020
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Has anyone had any experience using DMIC2059 tools in Ninjatrader?

I'm thinking of signing up but I can't find any reviews, or posts by someone using them.

Their website is dmic2059 dot com

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  #2 (permalink)
NJ,USA
 
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I have been using DMIC2059 for sometime now. It is helping me to stay on the right side of the market. . But, it requires patience, time and effort to understand it and then incorporate it in your trading. I think it is worth the money, time and effort.

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  #3 (permalink)
St. Louis
 
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I have been using DMIC2059 for over 8 months. This is the only tool I know of that gives me the roadmap throughout the trading day by combining both time of the day and price trend. There is a learning curve, but worth learning the key timings and corresponding market behavior. They just did a Ninja webinar https://ninjatraderecosystem.com/webinar/exclusive-intraday-theory-of-time-momentum/

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  #4 (permalink)
St. Petersburg, Fl
 
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abh8 View Post
I have been using DMIC2059 for over 8 months. This is the only tool I know of that gives me the roadmap throughout the trading day by combining both time of the day and price trend. There is a learning curve, but worth learning the key timings and corresponding market behavior. They just did a Ninja webinar https://ninjatraderecosystem.com/webinar/exclusive-intraday-theory-of-time-momentum/

Hello,

I have been watching his videos and webinars, and like his big picture view. Would you ne able to post a recent chart, the charts he uses in his webinars are all relatively old.

How is the information in his manual? There seems like there is a lot to learn.

Thanks,

Ollie

Keep things as simple as possible, but no simplier. Albert Einstein

If you can't explain it to an eight year old it's to complicated
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  #5 (permalink)
Las Vegas NV
 
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Would love to see his tools on 5 consistent days.

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  #6 (permalink)
Fletcher NC
 
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i wonder why he does not have a 30 day free trail to this grounding braking tool. in most cases when there is not a free trail , grab you re wallet and run do not walk away is the best advice . Bob West i notice the members supporting this new grail have never done much posting before. smells just a little fishy .

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  #7 (permalink)
San Jose, California
 
Experience: Intermediate
Platform: Sierra Chart
 
Posts: 138 since Apr 2018
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It appears that heís obfuscated some relatively simple concepts into complex jargon and added voodoo magic AI to sound impressive. AI is a buzzword that should make you instantly suspicious especially if thereís no elaboration. Iím on mobile so I just eyeballed it, but count the number of bars that separate the first blue projection rectangle from his first orange candle. Now, count the number of bars between the orange candles. This pattern repeats on every one of his charts. So you know that the orange bars mark 2 hour intervals and the first projection occurs 35 minutes before the first 2 hour mark. Notice where the second projection occurs: always after the second orange candle. Once you figure out his little twist things become more clear. One twist could be where he starts his projections. For example: Do the projections start a price extreme or is it also time based? Heís blanked most of the time axis so :shrug:


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  #8 (permalink)
Raleigh, NC USA
 
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forgiven View Post
i wonder why he does not have a 30 day free trail to this grounding braking tool. in most cases when there is not a free trail , grab you re wallet and run do not walk away is the best advice . Bob West i notice the members supporting this new grail have never done much posting before. smells just a little fishy .



I will vouch for DMIC as I find it useful. Heís also really good (and patient) with questions in my experience.

I would also say it would be nearly impossible, in my opinion, to learn how to use it effectively in 30 days.

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  #9 (permalink)
Fletcher NC
 
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12VMan View Post
I will vouch for DMIC as I find it useful. Heís also really good (and patient) with questions in my experience.

I would also say it would be nearly impossible, in my opinion, to learn how to use it effectively in 30 days.

it very well may be useful . my point from a marketing stand point was he will not get many takers at the price he wants to test it out. in most cases when a trading vendor is marking expensive third party software and or training with out a trail ( its only useful to the vendors check book 99.9 % of the time. )

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  #10 (permalink)
San Jose, California
 
Experience: Intermediate
Platform: Sierra Chart
 
Posts: 138 since Apr 2018
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forgiven View Post
it very well may be useful . my point from a marketing stand point was he will not get many takers at the price he wants to test it out. in most cases when a trading vendor is marking expensive third party software and or training with out a trail ( its only useful to the vendors check book 99.9 % of the time. )

From what I've gathered, the indicators are supplemental to his framework of analyzing the markets and once you know that you don't really need his indicators as they appear to be more of a visual aid with an exception to one or two. That is why IMO he can't offer you a trial of the indicators.


Prices for reference.


And this is the stuff he offers:
  • Daily Matrix Island Combination ©
  • Daily Market Time & Price Meter ©
  • Daily Cross -Market Reference Indicator
  • Daily GPS Market Position Guide
  • Our proprietary 30 Minute market key
  • Key Support & Resistance Prices generated by up to the minute feed-back

Very interesting and opaque terminology and he still uses VWAP.

Since everyone who has tried it has glowing reviews but are very clear in stating that it takes a while to learn how to use it, I wonder if they're at this point wildly profitable, just profitable enough, or consistently losing money.

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  #11 (permalink)
Raleigh, NC USA
 
Experience: Intermediate
Platform: Sierra, Ninja, I/RT
Broker: Stage 5
Trading: CL
 
Posts: 40 since Mar 2015
Thanks: 13 given, 11 received


forgiven View Post
it very well may be useful . my point from a marketing stand point was he will not get many takers at the price he wants to test it out. in most cases when a trading vendor is marking expensive third party software and or training with out a trail ( its only useful to the vendors check book 99.9 % of the time. )

I can't speak to why he markets or charges what he does or why he does not offer a free trial. Having owned a couple of businesses myself, I can say my worst customers were the ones who paid the least. They consumed 80%+ of my time while generating <20% of my revenue. Maybe he just doesn't want to deal with the hassle? Maybe he just wants to work with people who are serious? Or, as you originally alluded, maybe he's trying to screw people (although in my personal experience, it is definitely not the case). Or it's something completely different, no clue.

@trepidation - he is very open in the manuals about what each input is outside of what is proprietary. The proprietary components are key, however, to the overall toolset (imo). I can't speak for others, but have already mentioned I find DMIC useful. There are a myriad of ways to use the information and levels DMIC provides. I suspect most use it in conjunction with other things as I do (vol profile in my case). I like it for directional bias and timing. Also, one of my systems is solely based on a DMIC-specific setup that occurs some days in the late afternoon.

One of the big reasons it takes a long time is the sheer volume of information provided. He doesn't spoon feed you and it's not a "buy the green arrow, sell the red arrow" deal. The training material is comprehensive and he will send you marked up charts every trading day, but it's up to you to figure out what aspects of the tool you want to use. Like anything worthwhile in trading imo, it's up to the trader to put in the work.

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  #12 (permalink)
Fletcher NC
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
 
forgiven's Avatar
 
Posts: 659 since Mar 2012
Thanks: 152 given, 390 received


trepidation View Post
From what I've gathered, the indicators are supplemental to his framework of analyzing the markets and once you know that you don't really need his indicators as they appear to be more of a visual aid with an exception to one or two. That is why IMO he can't offer you a trial of the indicators.


Prices for reference.


And this is the stuff he offers:
  • Daily Matrix Island Combination ©
  • Daily Market Time & Price Meter ©
  • Daily Cross -Market Reference Indicator
  • Daily GPS Market Position Guide
  • Our proprietary 30 Minute market key
  • Key Support & Resistance Prices generated by up to the minute feed-back

Very interesting and opaque terminology and he still uses VWAP.

Since everyone who has tried it has glowing reviews but are very clear in stating that it takes a while to learn how to use it, I wonder if they're at this point wildly profitable, just profitable enough, or consistently losing money.

no their not profitable . after they have taken the 3000.00 bath and spent hundreds of hours of study, they are more organized than they were but not profitable . i have been there . you become menially dependent on the stuff because you have spent so much time and money on it. kind of like brain washing. it is hard to walk away from that method then . even if it does not work , you made progress . you re not being killed as bad.

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  #13 (permalink)
Raleigh, NC USA
 
Experience: Intermediate
Platform: Sierra, Ninja, I/RT
Broker: Stage 5
Trading: CL
 
Posts: 40 since Mar 2015
Thanks: 13 given, 11 received


forgiven View Post
no their not profitable . after they have taken the 3000.00 bath and spent hundreds of hours of study, they are more organized than they were but not profitable . i have been there . you become menially dependent on the stuff because you have spent so much time and money on it. kind of like brain washing. it is hard to walk away from that method then . even if it does not work , you made progress . you re not being killed as bad.

I admire the persistence and know you mean well with your ďadviceĒ on what seems like nearly every thread that involves a vendor charging money. But you know nothing about me or my trading.

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