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 use a combination of fundamental and technical analysis to anticipate potential market movements. My current main interest lies in cryptocurrencies, especially in Ethereum and 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

XAU/USD Lowest Spread Brokers

XAU/USD Lowest Spread Brokers

As a gold trader, one of the most important factors to consider when choosing your broker is the spread. To reduce the costs of placing a trade, you should choose to use a broker with a low-spread charge per transaction. This is why we will be looking at some of the best low-spread brokers for gold trading you can choose to use.
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06 November, 2022
eToro Review Ireland

eToro Review Ireland

eToro is a multi-asset investment platform launched in 2007 with a good reputation among traders. The company has roughly 30 million users and is one of the biggest CFDs brokers in the world. Additionally, eToro is perhaps the best broker for copy trading in the world. Luckily for traders in Ireland, eToro is available here. Let’s look at what eToro has to offer to clients in Ireland.Is eToro Available in Ireland?Yes, eToro is available and legal in Ireland. While not regulated by the Central Bank of Ireland, eToro can operate freely within Ireland thanks to the CySEC license that applies to all EU countries. Furthermore, eToro g...
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05 November, 2022
5 Best Currency Pairs for Day Trading

5 Best Currency Pairs for Day Trading

The secret to day trading success is finding a suitable currency pair. The most profitable currency pairs to day trade are those that have high liquidity and volatility. They provide you with many trading opportunities and offer the lowest spreads. Below are some of the best currency pairs for day trading.
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04 November, 2022
Is MetaTrader 4 a Broker?

Is MetaTrader 4 a Broker?

For traders relatively new to trading, it is easy to get overwhelmed with a wide variety of new terminologies. It is very understandable if you are overwhelmed with so many unanswered questions. Okay, so you have heard of MetaTrader 4 and also know that you need a broker to place a trade. You may be wondering if Metatrader 4 is a broker in itself. To clear all confusion, you should know that Metatrader 4 is not a broker but a third-party trading platform.
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01 November, 2022
Tier one Trading Platforms and Brokers

Tier one Trading Platforms and Brokers

Trading financial markets come with a lot of challenges. Choosing a broker to invest in significantly affects the trading experience of a trader. Many companies claim to offer the best trading conditions to clients. While there are many legitimate brokers in the world, not all of them provide the best trading conditions. This review will look at the online brokers that meet our tier 1 trading platforms criteria.
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31 October, 2022
Best Unlimited Leverage Forex Brokers

Best Unlimited Leverage Forex Brokers

Most traders are attracted to the financial markets because of the ability to trade Forex and other CFDs using the power of leverage. In forex, leverage is simply the extent to which you are allowed to open large trading positions with a small capital called a margin. Leverage makes trading very lucrative, but at the same time, it does come with increased risks. There are very few brokers with unlimited leverage as most brokers put a limit on leverage, even if the available leverage is high.
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30 October, 2022
Forex Brokers with Best Positive Swap Rates

Forex Brokers with Best Positive Swap Rates

Forex Swap is one of the costs associated with Forex trading. In Forex, a swap is simply the interest you will be charged for leaving a trade open overnight in the Forex market. It is completely different from other trading costs like spreads and commissions. Swap can be positive or negative. In this article, we are assessing the positive swap rates of some of the most trusted forex and CFD brokers.
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28 October, 2022
Forex Currency Pairs With Lowest Spreads

Forex Currency Pairs With Lowest Spreads

The spread in forex trading is the difference between the selling price and the buying price for currency pairs. On most forex brokers, the spread is the primary cost of trading. This is how forex brokers make money from trades. Unsurprisingly, the most traded currency pairs involve the lowest spreads in the market. While the spread changes from broker to broker, it is lowest on the most traded currencies. Let's look at the forex currency pairs with the lowest spreads.
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27 October, 2022
The Best Pairs to Trade During the London Session

The Best Pairs to Trade During the London Session

London is considered the forex capital of the world. The London(European) session accounts for 43% of the total transactions that take place on the markets. This session is characterized by high liquidity, increased volatility, and low bid/ask spreads on most pairs. While it is recommended to trade during the London session, it doesn't guarantee that you’ll make profits. If you pick the wrong pair, your chances of becoming profitable will be very slim. Choosing the right pair is the most effective way to capitalize on this session. Here are some of the best pairs to trade during the London session.1. EURUSDEURUSD is the most trad...
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26 October, 2022
Best Brokers for Scalping Crypto

Best Brokers for Scalping Crypto

As traders, we all have different trading styles and strategies. The choice of strategy might be because of current market conditions or your unique trading style. Scalping is a trading style wherein a trader holds a trade for a very short time (a few seconds or minutes) to catch small profits from the financial markets. As a trader involved in scalping crypto, ensuring that your chosen broker supports scalping is crucial.
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24 October, 2022
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