About the Company
Stochastic’s founder had a dream of becoming a successful trader at a time when trading and the financial markets as we know it today was limited to only few privileged and privately educated elites and the large corporate financial institutions. After proper education and over many years of ups and down, he realized that the only way to succeed within the sector is by:
(i) getting impartial education from the right source to determine firstly whether it is what anyone aspire to partake in.
(ii) applying skills acquired from the education to practical experience. There is no short cut to this.
Over the recent past, we realized online trading, particularly forex trading was spreading like wildfire all over because many people erroneously believed it was easy access to wealth as marketed by brokers. This led to an era of massive growth and profits for brokers and corporate institutions whilst many ordinary people were left devastated due to lack of proper knowledge and skills. Thankfully, laws and regulations are now in place to stop predatory practices.
Stochastic then went on a massive “financial awareness program” sensitizing people all over and particularly in many developing African countries. We enlightened professionals and ordinary individuals on trading the financial markets, the predatory aspects of the sector, as well as safe and legal process to partake in it if one chooses trading as a career.
Over the years, we then realized that most individuals, out of desperation to be successful or wealthy fall into the trap of thinking they can be successful really quickly by trading.
It is a fact that at least 78% of all retail traders globally fail. The corporate institutions and brokers know this and thrive on that statistics. Our goal was and still is to change this by
- Spreading impartial education about the sector and profession so that individuals who are not meant to be in the sector discover that at a very early stage;
- Provide thorough education and life’s skills training for the individuals who intend to partake in trading the financial markets, particularly forex.
- Support individuals who complete our training by giving them opportunity to work for us.
As a result, we created via our sister company a proprietary trading account. In simple form, we stake our funds as collateral, and apply credit on trading accounts which our traders use. With our training, we reduce the chances of failure significantly whilst we offer our trainees a chance to trade on our funds for a profit share.
So far, we have done well.