daniel-fernandezDaniel Fernandez is a fully automated trader. He executes more than 2,000 strategies at a time that makes him reasonable profits. What’s mind blowing is, he loses on a lot of trades but wins big on his winners which offers him the luxury of trading full time.

Introduced to trading by a friend from high school, Daniel was challenged by the opportunity trading can bring. He studied Chemistry in University, and this gave him an advantage which he was able to apply to his algorithmic trading strategies.

In this podcast Daniel shares:

  • The perks of having a fully automated system
  • How you can run more than 2,000 strategies on a $500 account
  • Why reading books on trading did not really work for him
  • Which trend following strategies gave his trading a jump start

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56: Daniel Fernandez On How You Trade 2000 Strategies With Only $500
00:00:00 00:00:00

“Learn statistics and learn programming. That will save you a from a tonne of problems.” – 53:50

Recommended Books

Interview Links

Broker and Platform

Oanda (API access)

Key Insights

  • Discretionary traders are at a disadvantage because of the limits to what they can do
  • You can lose more and still win big
  • Study basic statistical analysis
  • Learn how to code or do basic programming, then automate your trading
  • Avoid celebrating profits
  • Use small lots but multiple entries
  • Diversify everything
  • Trading is both mathematical and scientific

Daniel’s Trading

  • He usually trades on the 1 Hour Chart and Daily Chart
  • His systems are fully automated
  • He spends more time optimizing systems than trading
  • He uses pure technical analysis
  • He runs more than 2,000 strategies at the same time
  • He uses small positions with his strategies
  • He avoids celebrating profits
  • His techniques are founded on price action strategies

Daniel’s Strategy

Daniel’s strategy can be found in detail on page 47 of the online version of the Fx Traders Magazine (FxTradeMagazine.com) – but sometimes they remove these from the internet, so I’ve conveniently taken screenshots for you here:

trading-strategy1

trading-strategy2 trading-strategy3 trading-strategy4 trading-strategy5


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Forex, futures and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. Our website, product contents, and materials are neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our website or in any materials. The past performance of any trading system or methodology is not necessarily indicative of future results. Substantial risk is involved. Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex markets.

Don't trade with money you can't afford to lose. Nothing in our course or any materials or website(s) shall be deemed a solicitation or an offer to Buy/sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of futures results. Trading involves high risks and you can lose a lot of money.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.