This post is by Justin Short, CEO and Founder of Nous.
Hi! I wanted to explain why we built Spark Profit and why it’s so special. So let me start with a bit of personal history.
Before I and four very smart people quit our jobs to found Nous together, I was working at a large Investment Bank as Regional Head of Electronic Trading Strategy. I’d been working in that industry for 14 years and judging by my performance reports, I was pretty good at it. So why quit?
One of the reasons was that I saw an unbelievably huge opportunity – not just for me but for literally millions of people. Working in the financial markets, I knew first-hand how important technology and quantitative skills are to trading profitably. After all, I commissioned and built strategies that helped our customers shave valuable basis points from their costs, improving their efficiency and ultimately benefitting their customers, the public.
But I also saw that human intuition was still very much alive. Certain colleagues at all the financial firms I have worked at: UBS; Deutsche Bank; and Merrill Lynch / Bank of America, were fantastically good at understanding the rhythm of the market. They could sense when the tide was about to turn, and make a lot of money by being one of the first to jump in and by riding the movement all the way. They naturally understood the psychology of the market.
I have a lot of respect for these people.
But one thing bothered me. They were to some degree all from a common mould. They were all university graduates, mostly male, all speaking English. They were comfortable wearing a suit and living in the city. Of course, they’d all made it through interviews with similarly demanding firms: they had to fit a mould. But was all that really necessary, in order to be a great trader?
I didn’t think so. Not at all.
Which begs the question, how many other people never got the chance to find their calling, just because they failed to fit the mould?
When I had my Eureka! moment, I found a way to connect everyone in the world to the markets and give them the right tools and incentive to win, without requiring anything from them in return. That is Spark Profit. Of course, I was happy that the system would be profitable for us, the creators. But I was ecstatic that at the same time it would be such a tremendous force for equality. Unlike Investment Banks, Spark Profit doesn’t care where you are or what you look like. Spark Profit doesn’t even mind if you have another job!
We like to say that Nous is an “opportunity factory” – because every day, a thousand more people experience that opportunity. Which is why when we started out, back in 2012, we created the Nous company vision:
THE NOUS VISION:
A world in which millions of people are living richer, happier lives thanks to their talents and our assistance.
Nous was the first company in the world to truly make trading free — and then even cheaper! Only Spark Profit offers you, and everyone in the world, a chance to test and refine your trading talents, while guaranteeing a skill-based payout that requires no payment and no deposit. We’re incredibly proud that we’ve never taken a single penny from any of our 80,000 players and yet we’ve already been able to award $60,000 in prizes.
We hope you like what we’re doing too. If you do, please spread the word (and maybe earn yourself a little extra income at the same time!)