About me

Welcome!

I am Michael Kuchar, the founder and CEO of TradingBeasts.com, and you will find on this page a little bit about me, about this website and why I have created it.

So Michael, who are you?

Thanks for asking! I'm a 31-year-old guy based in the Czech Republic with over 10 years of experience in forex trading and 7 years in the cryptocurrency markets. I specialize in intraday trading of G20 currencies, using a combination of fundamental and technical analysis to identify and capitalize on market opportunities.

Throughout my career, I've written hundreds of articles, many of which have been published on some of the world's most established financial platforms, including FX Empire, BitcoinMagazine, TalkMarkets, DailyForex and 321Gold, among others.

Me, standing before the iconic NYC exchange

Why have you created TradingBeasts?

My aim has always been to simplify trading and the concept of trading for as many people as possible and this website helps me to do just that. Trading has always been the privilege of the upper class, but not any more. We live in the 21st century and trading is more accessible than in the entire history of mankind. This website helps people to understand the basic principles of trading while knowing all the associated risks of trading. You can find here educational articles and news, trading guides & tips, broker reviews, and brokerage company comparisons. I also alert my readers to suspicious projects and scam marketing campaigns that operate with deceptive intentions.

TradingBeasts is now recognised as a trusted authority in the trading community. And a proud media partner of some of the world's biggest trading events like iFX Expo, Finance Magnates Expo (FMLS), Forex Expo in Dubai, and Money Expo Global, which bring traders together from every corner of the world and help deepen our shared understanding of global markets.

Why do I think people should trade and invest?

Central banks worldwide inject billions into their economies through quantitative easing, deliberately weakening their currencies to expand the money supply. The European Union currently sees inflation hovering around 2%, though it spiked to 11% just a few years ago.

But here's the reality: these official figures tell only part of the story. You've likely noticed how much more expensive everything has become compared to just a year ago, or even less. There's a reason for that disconnect. Financial experts like Andrew Craig argue that real inflation runs double what central banks report. 

This means only one thing,

If you’re not making money from investing, you’re getting poorer every day.

Quote author: Andrew Craig; in How to Own the World: A Plain English Guide to Thinking Globally and Investing Wisely

Tough to hear, but essential to understand.

Is TradingBeasts your first trading-related project?

No, before founding TradingBeasts.com, I created two other trading websites where I shared my insights and knowledge. Both were in Czech, my native language. While those sites built dedicated followings, the explosive growth of the TradingBeasts community led me to focus exclusively on this platform. The decision wasn't easy for my Czech readers, but it allows me to reach a global audience that would have been impossible in the Czech market alone.

Does this mean you are not based in English-speaking country?

Yes, that's correct, I am based in the Czech Republic, and English is my second language, so please forgive my typos and language errors; I don't make them on purpose.

When was TradingBeasts.com founded?

Looks like you and I have been having fun and making money from trading since April 9, 2016. Time really flies, doesn't it?

What instruments and markets do you favour?

For long term holding, I focus on ETFs covering gold, bonds, and stocks. My asset allocation falls between medium and high risk, with stocks comprising the largest portion of my portfolio. I split my stock exposure geographically and by sector through FTSE Developed World and FTSE Emerging Markets ETFs. I skip FTSE All World due to its slightly higher costs.

I prefer accumulating ETFs for two key reasons: compound growth and tax efficiency. In the Czech Republic, distributing ETFs trigger annual dividend taxes, while accumulating ETFs defer this tax burden entirely.

For day trading, I focus on G20 currencies and highly volatile assets like XAUUSD and Bitcoin. The majors give me liquidity and low costs, while gold and Bitcoin deliver the price swings. Plus, no holding overnight.

Please note: This is my personal trading and investment approach based on my own research and risk tolerance. It is not financial advice. Always conduct your own research and consider consulting a financial advisor before making investment decisions.

Do you have interesting news or an educational article you would want to cover and get published on TradingBeasts.com? Do you want to discuss advertising opportunities for an interesting service or blog from which our readers could benefit? Or do you just want to chat with me to get my opinions on anything trading/investing related? Great, I would love to hear from you.