Forex Trader Development Process - 2022

FOREXTRADER PROGRAMME

A FUNDED FOREX TRADER PROGRAMME

CONTENTS

Page 3 - About Alphachain Traders

Page 4 - Meet Our Experienced Traders & Mentors

Page 5 & 6 - Programme Overview

Page 7 - Career Progression

Page 8, 9, 10, 11, 12, 13 & 14 - Trader Development Stages

Page 15 & 16 - Mentorship at Alphachain Traders

Pages 17 - Markets Traded

Page 18 - Candidate Requirements

Page 19 - Training & Qualifications

Page 20 - Programme Summary

Page 21 - How To Reserve Your Place On The Programme

ABOUT THE FIRM

Alphachain Traders is a proprietary trading firm founded with a vision of combining strategy, innovation and technology to succeed in today’s global markets. Alphachain Academy focuses on the development of our new traders.

Alphachain Traders trade a variety of investment funds, predominantly in the Cryptocurrency market, managed by our CEO Adam Haeems The strategies are deployed both directly on-chain for performance transparency (Tokensets) while also on exchanges across futures and options. Strategies deployed are a mixture of both systematic and discretionary trading strategies Our Funded Traders trade across various global markets including Equity Indices, Forex, Commodities and Cryptocurrencies

In 2020 we funded over 500 traders across 67 countries, issuing $4 7m in funded trading accounts to our traders We have an open and collaborative culture among our global trading team and encourage the flow of knowledge and ideas across all areas of the firm.

New traders receive direct support from our CEO, Head of Trading Academy, Trading Psychologist and our trading mentors to ensure they are developing at the rate required to become confident funded traders Our programmes suit those who are able to work both independently and with others to develop ideas and market analysis, integrating them into our company ethos, trading strategies and systems.

Our firm is a meritocracy and progress in both responsibility and compensation is rapid for those capable of demonstrating excellence in their particular field.

MEET SOME OF OUR EXPERIENCED TRADERS AND MENTORS

Adam Haeems | Chief Executive Officer

Adam has a Master of Finance (MFin) from Cambridge University (Judge Business School) and is an experienced institutional futures trader

Adam has traded fixed income futures for Bank of America Merrill Lynch before becoming a cross-asset futures trader for a $1bn global macro hedge fund (Quality Capital Management) Adam is an experienced cryptocurrency trader having recently managed a $20m cryptocurrency portfolio for BABB Group ltd.

Pedro Silva | Senior Market Analyst

Pedro is the Senior Market Analyst and Programme Coordinator at Alphachain traders. He brings on board over a decade of experience as a market analyst and trader in different assets such as; Forex, Indices, Commodities and Crypto

His passion for the financial markets led him to become an expert in top-down price action analysis, particularly in forecasting long-term reversals in the market

Pedro is qualified with a MSc Finance from ISCTE-Business School and holds a certificate of the Microstructure and Trading Program from the University of Delaware, USA

Ron William | Trading Psychologist

Ron William, CFTe, NLP, is a market strategist, educator/mentor and performance coach; with +20 years of experience, working for leading economic research & institutional firms; producing macro research & trading strategies He specializes in blended, top-down, semi-discretionary analysis, driven by cycles and proprietary timing models

PROGRAMME OVERVIEW

Programme Contents include (not exhaustive):

Getting started with cTrader

Fundamentals in the Forex market and how we can use these to trade

Technical Analysis and how to use a variety of technical indicators in trading.

Important of Risk Management and how to build this into your strategy

Strategy Development and developing a trade plan

Backtesting the Forex markets and performance analysis.

Trade simulation with selected strategy

Market Psychology

Candidates can book Mentoring sessions based on on-going schedules directly

Daily interactive webinars from Senior Traders and Mentors to new starters and the global trading team.

Once completed and membership has begun, you will be allocated your $10,000 funded account and join our global team of funded traders.

CAREER PROGRESSION

If you get accepted onto our programme you'll receive a guaranteed funded account in your assessment.

That's not all though, we also provide a career path that enables our junior traders to climb the capital allocation funding levels with the potential of becoming a senior trader with a capital allocation of up to $1m

You are also able to progress within Alphachain Traders for roles such as Trade Mentor upon developing a solid track record and achieving a consistent return, where we can provide you with internal training to become a knowledgeable mentor.

You can get a glimpse of what life's like on our trading floor on our YouTube channel here

TRADER DEVELOPMENT STAGES

STAGE 1 (TRAINING)

Learn Theoretical Concepts

Practical Trading Application

Develop own trading strategy

Learn Alphachain Traders Strategies

Back Test and develop Trade Plan

Observe and Emulate Prop Traders

CPD Certification

The Trader training is completed via an allocated trading terminal on our trading floor and/or our virtual learning portal remotely.

You will cover the following topics; Forex markets and the tradable assets, technical analysis covering both primary and secondary indicators, money management with trading risk management and develop a good understanding on how to minimise psychological biases impacting your trades.

You will be guided and mentored by traders with allocated slots to observe a trader.

There will be regular trading competitions to test your application of theory and group tasks to partake through presentations and whiteboard work.

Our trading team will provide weekly market analysis webinars, market reports and 1-2-1 trader consultations.

Stay in the loop of market moves with our communications platform and online trading room.

STAGE ONE OVERVIEW

Day 1

Training Induction & Overview

Learning portal setup & guidance

Communications & online trading room instructions

Platform Setup & Walkthrough

How to place a trade and exit a position with the correct risk management

Stage 1

Access to Introduction to Trading and Learn to Trade

Application of theoretical concepts

Test application of technical tools

Selection of technical tools

to develop strategy in order of importance

End of Week Intraday Competition

Stage 2

Access to Intensive strategy training

Learn and apply Alphachain Traders strategies

Form your own trading strategies using the technical tools learnt in the prior week and STEM

Intraday Comp

Stage 3

Selection of trading strategies based on personal trading style

Manual back test trading strategy on historical data

Tweak strategy based on the back test

Integrate strategy within a reviewed trade plan

Competition week; trading under pressure to meet performance objectives and targets against peers

Trade your plan and strategy by trading on live market prices

Implement institutional documents for on-going feedback

Contract for live account

End of month

Overall Performance Review and Feedback based on:

Ability shown over the four week period

Average of the three modules on the learning portal

Performance based on week four competition CPD Certification Achieved

PHASE ONE OBJECTIVES

Week 1

To achieve an understanding of the forex markets you will be learning the theory with Introduction to trading and market terminology through our learning portal while applying these concepts within a demo trading platform.

By the end of week one, you will have: obtained an understanding of the main forex assets and a good foundation in technical analysis.

You will know how to independently apply technical tools to form trade ideas and apply good risk management while selecting technical tools to use going forward.

Week Two Objective

Development and application of strategies, you will learn the how to execute our strategies. Your trading will become more structured and tailored to how you see the markets by learning and testing our strategies and select indicators to form your own strategies. By the end of week two, you will have: familiarity with all trading techniques applied with selected strategies to focus on based on your trading style. Be able to understand fundamentals and how macro data releases impact market prices

Week Three Objective:

Ability to implement the full trade process and develop a higher level of understanding for the selected strategies by carrying out back tests while forward testing. Address any shortfalls of your knowledge and strategies with your mentor. By the end of week three, you will have: Reviewed how your selected strategy works in different market conditions and have statistical evidence based on historical data of success rate and probability. Created a trade plan which includes your strategies and personal goals.

Development of consistent and profitable trading approach. Increase your understanding of asset class inter-dependencies and market correlations. Work to proactively address mistakes highlighted by your mentor. Be guided to achieve a positive week within the competition. By the end of week three, you will have: familiarity with managing trades with correct position sizing and exposure. The ability to incorporate trade and risk management techniques while utilising full size positions to allow maximum exposure to be allocated

STAGE TWO (TRADING)

At the end of your four week programme you can opt to become an Alphachain Traders Member where you will be assessed on a live trading account which will allow us to gauge how you perform with real emotions involved and market price fluctuations impacting your trades.

A trade mentor will be by your side for support with ongoing development and reviews of your documentation.

PROFESSIONAL TRADING ACCOUNT

Platform: cTrader

Leverage: 100:1

Max Draw Down: 10%

Initial Target: 10%

CTRADER IN A NUTSHELL

cTrader is the worlds leading multi-asset trading platform trusted by traders across the world.

STAGE THREE

Become a top performing trader and increase your capital with consistency, good risk management and profitable trading alongside the Alphachain Traders team.

You will continue to have on-going support from your mentor with weekly webinars and monthly reviews.

You will have access to breaking news, market reports and our online trading room.

STAGE THREE OBJECTIVES

Now that you have built consistency and confidence trading a funded account, your aim is capital growth by achieving each capital stage targets.

This will require you to maintain top performance on large account sizes.

You will need to quickly get used to trading large monetary values.

There will be psychological biases impacting your trading and a trade mentor will be there to help define non-monetary goals and areas of development to break through plateaus.

You will have: Candidates are now able to operate as a fully-fledged proprietary trader.

You have the ability to fully manage your own trading desk and book

MENTORSHIP AT ALPHACHAIN TRADERS

How We Mentor

Answer questions to help develop your understanding of situations.

Provide information and knowledge through various channels

Receive advice on how to proceed with development

Provide support and encouragement

Offer different perspective views.

Why We Mentor

Faster rate of learning in addition to our other methods.

Better understanding of theory to real world scenarios

Ability to tailor information based on individuals trading style

Based on feedback system which embeds learning.

Why you need a Mentor

Increases your self confidence and motivation

Create a clear sense of personal direction.

A variety of knowledge and experience to tap into.

A sounding board to discuss ideas and approaches before action is taken

Why you need a Mentor

Increases your self confidence and motivation

Create a clear sense of personal direction.

A variety of knowledge and experience to tap in to

A sounding board to discuss ideas and approaches before action is taken.

How Mentor’s Benefit

Increased recognition from peers and satisfaction from

developing others

In mentoring you solidify your knowledge and become a market expert

A team of trainee, prop and senior traders will make more informed decisions by reflecting and listening to opinions

Mentor Sessions

Review experience

Identify objectives

Provide feedback

Identify strengths

Identify areas of development

Explore options

Coaching on specific areas

Set targets for future actions

MARKETS TRADED

Traders on the Forex Trader programme gain exposure to the Forex market, trading on the market leading trading platform cTrader.

Junior Traders will begin to analyse various charts using Tradingview and cTrader charting platforms to identify patterns and trading opportunities with the goal of placing profitable trades which are aligned with the parameters set out in your bespoke trade plan. Capital will increase based on your trading performance and achieving the defined targets whilst successful completion of trader terms and guidelines

Tradable assets include:

AUDUSD

EURUSD

GBPUSD

NZDUSD

USDCAD

USDCHF

USDJPY

AUDCAD

AUDCHF

AUDJPY

AUDNZD

CADCHF

CADJPY

CHFJPY

EURAUD

EURCAD

EURCHF

EURGBP

EURJPY

EURNZD

GBPAUD

GBPCAD

GBPCHF

GBPJPY

GBPNZD

NZDCAD

NZDCHF

NZDJPY

Tradable assets may be subject to change

CANDIDATE REQUIREMENTS

Ability to learn quickly.

Good quantitative skills

Comfort in fast-paced environment.

Attention to detail with excellent organisational skills

Strong written and verbal communication skills.

WHAT WE GIVE BACK

Guaranteed starting capital of $10,000 for our new traders who join Alphachain Traders Membership.

Actively trading capital after only four weeks

50% profit split

Guidance and 1-2-1 mentorship both during and after the programme

Capital progression based on transparent trading performance progression.

CPD accredited training

TRAINING AND QUALIFICATIONS

The programme is designed to fast-track your trading career while obtaining a recognised CPD (Continuing Professional Development) qualification The CPD trading qualification helps students leverage this training experience to obtain further career opportunities in the city, in recognition of your immersive theoretical and practical learning during the course

SO, WHAT IS CPD?

So, what is CPD? CPD stands for Continuing Professional Development (CPD) and is the term used to describe the learning activities professionals engage in to develop and enhance their abilities. It enables learning to become conscious and proactive, rather than passive and reactive

CPD combines different methodologies to learning, such as training workshops, conferences and events, e-learning programs, best practice techniques and ideas sharing, all focused for an individual to improve and have effective professional development. There are over 1000 institutes & professional bodies across the UK, a number that is forecast to increase.

PROGRAMME SUMMARY

LOCATION: REMOTE

4 weeks of structured training from experience industry professionals.

Junior traders who undergo the training will join a new cohort of traders and receive guidance via webinars, direct outreach and mentoring consultations.

CPD certification.

As independent contractors our traders take home 50% of their trading profits each month. Please note that this is not an employed or salaried role.

Junior traders undergo weekly discussions and tasks in order to assess their performance and help refine their trading.

All Junior Traders are able to trade with institutional level leverage.

The programme is flexible with no set working hours required. What’s important is that our traders reach their weekly and monthly targets. We understand that some individuals perform better at certain times of the day or prefer to trade certain time-zones. We aim to foster a collaborative and empowering culture to ensure our traders are always performing at their best.

PRICING

£1,950 for the initial one month training followed by on-going membership fees of £120 per month

Trader membership is required if the trader wishes to continue after initial training. The membership fee covers on-going trading expenses which must be covered by the trader for live trading access These include price data feeds, connection to liquidity providers, trading platform maintenance, administration, community management, 1-2-1 mentoring and daily webinar content.

All places are offered subject to acceptance onto a programme following application Limited spaces available each month.

RESERVE YOUR PLACE

Places can be reserved by placing a £250.00 deposit with the remaining balance due no later than one week before the course start date.

Please note: We are able to setup a payment plan

Please email hr@alphachain.co.uk to check availability, ask any questions and secure your place on the programme