Whiskey, Knives, and Forex? What an odd mix, right? Well, today’s featured member is certainly a unique combination himself…
Bradley is a lot of things: a father, husband, gamer, tank driver, and so much more. But today, we get to know more about how far he’s come in his trading journey.
He became part of the growing BabyPips community earlier this year, and has been a helpful contributor since! With the knowledge and experience he gathered from working for a brokerage firm, Bradley tries to give practical tips and tricks to the beginners on our forums. But, that’s not to say he doesn’t know how to have fun and relax. In fact, his thread, Are you gaming?, has become quite a hit among our forum members!
1. Tell us something about yourself. Where are you from? What are your hobbies?
Nothing much to say. Nearly 30 years old bloke. Married. Have a 1-year old son. My hobbies… where should I start? I’ve got a huge list - whisk(e)y, knives (and all other cutting tools), spearfishing, DIY stuff and projects, tinkering on the car, lockpicking (for fun, nothing illegal), and probably the most recent one, apart from the whiskeys is Forex and Crypto. Why do I consider FX and CC hobbies? It’s simple - anything that you sink money and time in and the investment is bigger than the payout is considered a hobby in my book.
2. When/why did you start trading forex? What resources did you use to learn how to trade (websites, books, apps, mentors, etc.)?
I’ve started trading (on a demo) just recently. I’ve worked for a brokerage in the past and had some information, also some good insight on how different brokers work but haven’t had the guts to try and make it a source of income. The majority of my knowledge came from my employment. Other than that - the BP Forex academy (still haven’t finished it) and some other forex communities have been a lot of help.
3. You seem to be very active in discussions about Bitcoin and cryptocurrencies in general. How were you first introduced to this currency?
I was an SEO for a big company (back in 2013) and my colleagues started to talk about it. My one regret is that I did not invest a 100$ back then. Was too scared because I didn’t know much about it and seemed like a scam due to that lack of knowledge. Ever since 2014-5 I’ve started following the cryptos and got into some faucets.
4. In your experience, how is trading forex different from trading cryptocurrencies? Which do you prefer?
Cryptos - you can only trade one way (buy low, sell high) and you buy the whole crypto, whereas with FX it’s mostly CFDs - I like the leverage, the ability to trade both directions (long & short) but really dislike the swap fee. However, for the time being I’d stick with FX (for now) because I don’t have the time to follow the cryptos daily.
5. There have been articles saying that “Bitcoin is a bubble about to burst.” What are your thoughts about this?
Is it overpriced? Yes. Is it for the bigger part worthless? Yes. Is it a bubble - yes and no. It’s inflated but it’s far from being a bubble. There are too many people invested in BTC for it to be a bubble. However, until the Bitcoin gets adopted and can have a real life (everyday) application it will stay a proof of concept/work in my book. Slow transactions, not much adoption due to volatility and lack of purpose will hamper the development of BTC.
6. Complete the sentence: “If I hadn’t learned about forex trading, I would probably _______.”
If I hadn’t learned about forex trading, I would probably have missed on finding BP and all of you magnificent bas****s (the ones watching the Whiskey Vault and Whiskey Tribe episodes on YT will get the reference).
7-8. How did you discover BabyPips.com? What was your first impression of the community?
Was looking for a free FX course. First impression - “well, this is interesting… The different forum layout and design had me intrigued. Then started reading.”
9. What is the most important thing you’ve learned from spending time on the forums?
Ever since my employment as an SEO (5 years) I’ve had a good dose of skepticism for anything posted on a forum or community. Call it paranoia, but I’m always suspicious of new members and people who recommend anything. Too many hidden agendas. I’ve been there and done the same kind of spam, covert advertisement and reputation management, so yeah. What I’ve learned?
- Do your own research
- Check and verify
- People have opinions, it’s ok for them to be different than yours.
10. Non-trading related question! If someone gave you a million dollars today, what would you do with it?
Real estate - 50%
Stocks - 15%
FX - 10%
Crypto - 5%
Savings account - 10%
The last 10% I`ll spend on a car, flat, my son and the villa.
11. Describe your typical Friday night.
It used to be out and about but since the little one came in - home with the wife and kid, watching a film, playing a game and having a dram of whisk(e)y.