Michael Kuchar

Michael Kuchar
Michael Kuchar
Hi, I'm Michael and my area of expertise is forex and cryptocurrency trading. I specialize in intraday trading of G20 currencies and to anticipate potential market moves I utilize a fusion of both fundamental and technical analysis. My most current interest lays in cryptocurrencies, especially in Ethereum and in decentralized applications.

Basic information

  • Education: B.A in Economics/Business, University of Pardubice
  • Current work: CEO of TradingBeasts.com
  • Contributor to TradingBeasts: Since April, 2016

Investing

  • Trading style: Intraday trader / Analyst
  • Favourite assets: EUR, CAD, WTI, Gold

Favourite quote

Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it.

Albert Einstein - Mathematician and physicist, winner of nobel prize in physics

Latest articles from this author

AAATrade Review - What to expect from the broker

AAATrade is a CFD broker based in Cyprus, operating since 2014. The company is licensed in Europe by the CySEC and is in the register of several European financial institutions including the tier no 1 regulatory body - the UK's FCA (no #659844). AAATrade features CFD trading on Forex, Commodities, Shares, Indices, ETFs, Cryptos. The average spread is for EUR/USD 1.8 pips*, the minimum deposit is set at $1,000.What do we cover in our AAATrade Review?[toc][ecp code="general-warning"]Basic information about the broker Website address: www.AAATrade.com Leverage: up to 1:30 Instruments: CFDs on Forex, Commodities, Shares, Indices, ...
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12 May, 2019

LegacyFX Review - What to expect from the broker

LegacyFX is a CFD broker founded in 2012. The company is licensed in Europe by the CySEC and is in the register of several European financial institutions including the tier no 1 regulatory body - the UK's FCA. LegacyFX features CFD trading on forex, stocks, indices, commodities and cryptocurrencies. The minimum spread is for EUR/USD 2.4 pips*, the minimum deposit is set at $250.What do we cover in our LegacyFX Review?[toc][ecp code="general-warning"]Basic information about the broker Website address: www.LegacyFX.eu Leverage: up to 1:30 Instruments: CFDs - Forex, commodities, stocks, indices, cryptocurrencies Minimum deposit...
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10 May, 2019

ArgusFX Review - What to expect from the broker

ArgusFX is a true STP Broker, the company is licensed in Europe by the CySEC and is in the register of several European financial institutions. ArgusFX features CFDs on stocks, forex, futures, spot metals. The average spread is for EUR/USD 1.8 pips*, the minimum deposit is not restricted, which means you can deposit whatever amount you would like. The ArgusFX website is available in English, German, Greek and Arabic.What do we cover in our ArgusFX Review?[toc][ecp code="general-warning"]Basic information about the broker Website address: argusfx.com Leverage: up to 1:30 Instruments: CFDs - Stocks, forex, futures, spot metals ...
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04 May, 2019

ARGUS Stockbrokers Review - What to expect from the broker

ARGUS is a fully licensed member of the Cyprus Stock Exchange (CSE) and Athens Stock Exchange (ASE). The company is also licensed by the CySEC. ARGUS Stockbrokers features a wide variety of trading instruments - Futures, Equities, bonds, ETFs, CFDs (Stocks, ETPs, indices, futures, Forex).[ecp code="general-warning"]Basic information about the broker Website address:www.argus.com.cy Leverage: up to 1:30 Instruments: Futures, Equities, bonds, ETFs, CFDs (Stocks, ETPs, indices, futures, Forex)ARGUS Stockbrokers Trading PlatformArgus Stockbrokers Ltd has its own in-house built platform called ARGUS Global Trader Platform. This pla...
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04 May, 2019
Cryptocurrency scams in Australia are on the rise

Cryptocurrency scams in Australia are on the rise

Many traders believe that cryptocurrency scams are a piece of a bygone age. Unfortunately, however, they are more alive than people realise. Many Australian citizens experienced being scammed out of their funds first-hand in 2018. The hit has been so massive in fact that the ACCC (Australian Competition and Consumer Commission) has reported around a 190% rise in scam activity.Tried and proven tacticsMany people, not necessarily traders of any financial market, will notice the tactics that these scammers are using. Simple methods of cold-calling people, or marketing their services on shady websites managed to rake in more than $4...
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30 April, 2019
France on the frontier of EU crypto regulations

France on the frontier of EU crypto regulations

[stm_post_details] The European region is not best known for its development of the cryptocurrency industry or the blockchain industry. While the financial regulator of the US, the SEC is working on defining the blockchain strategy, Asia is famous for crypto-exchanges, Australia is financing Blockchain projects and Africa is one of the leading continents when it comes to the adoption of cryptocurrencies European government seem to be less interested in it. The development of the crypto industry in Europe is going slower than in other parts of the world. However, the situation might be changed as France is starting to pay att...
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16 April, 2019

The Basics of Natural Gas Hedging That You Need to Know

If natural gas is a significant underlying cost or a significant source of income for your business there is one term that you would have to live with and perhaps even sleep with – ‘VOLATILITY’. Natural gas is historically one of the most volatile commodities and the price fluctuations that take place can be very troublesome for both consumers and producers. Managing this risk is not always easy, but can be done through the use of a well laid out hedging strategy. Natural gas hedging is by no means a way a “profit center”, but rather is meant to mitigate the risks involved for your business due to unwanted price fluctuations. In ...
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11 April, 2019
Swing Trading Crypto - The ultimate guide

Swing Trading Crypto - The ultimate guide

Crypto swing trading is a trading style in which the trader opens and closes cryptocurrency trades usually within a few days, and usually never stays in a position for more than 2-3 weeks. Swing trading is very distinct from day trading, where the trader essentially sits in front of a computer screen and looks for opportunities to get in and out of trades within the same trading day.Day trading is a recognized trading style and there are people who actually make a living from it. However, in my 14 years of involvement in the financial markets, I have come to see that most of those who succeeded in day trading were able to do it i...
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30 March, 2019
5 Best Free mobile trading apps for Android

5 Best Free mobile trading apps for Android

[toc]Nearly all brokers offer nowadays mobile trading apps where traders can speculate on the price movement of forex pairs, cryptocurrencies, indices, stocks and commodities. Today, we have focused on mobile trading applications that are available exclusively to Android users; here is a list of the 5 best of them (according to us).eToro - Social mobile Android platform Our rating: [usr 4,5] Rating at play.google.com:[usr 4,1] (Rated by: 18 660 users) Link to the website & downloading the app: https://www.eToro.com/ ([ecp code="Etoro-number-of-people-losing"] of retail CFD accounts lose money when trading CFDs with this pr...
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27 March, 2019
How the Combination of Blockchain and Swarm Robotic Can Revolutionize the Future

How the Combination of Blockchain and Swarm Robotic Can Revolutionize the Future

In this day and age of technology, the future has been projected to be fun, and ease as more inventions are being made to send well-designed robots to highly risky rescue missions, advance productivity, raise an army and even take agriculture to a different level. With many advanced types of researches done in the field of swarm robotics, it has been discovered that the emergence of another technology in the name of blockchain technology will perfectly combine and offset the many gaps in the swamp robotics to make the future better.What is Swarm Robotics?Swarm robotics deals with the study of the design, physical body and the col...
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21 March, 2019
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