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

Is Social Trading So Much Better Than Copy Trading?

Is Social Trading So Much Better Than Copy Trading?

Trading is simple but not easy, more so when you start out. And there is no better way to begin your trading experience than making profits as you learn the ropes. This is why some brokers have designed copy and social trading.While the terms social trading and copy trading are interchangeable, they are not one and the same things. Copy trading is more of sub-social trading, while social trading is more of manual copy trading. Are you confused about this? Don’t be. This article explores copy trading and social trading in detail, including their similarities and differences.Social TradingSocial trading brings together a community ...
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05 July, 2022

How to Identify Fundamentally Strong Stocks

Below content does not provide investment advice.The secret to winning in the stock market is consistent returns over time. But not all listed companies generate such returns while maintaining less volatility. You must do proper research and analysis to find fundamentally strong stocks.What is Fundamental AnalysisEssentially, fundamental analysis involves evaluating the stock's intrinsic value and comparing it with the current price to determine the company's financial health. This consists of checking the quantitative and qualitative economic and financial factors.Fundamentals are contrasted with technical analysis, which involv...
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29 June, 2022
Best Forex Brokers for small accounts

Best Forex Brokers for small accounts

Traders have varying financial muscles. Fund managers run large accounts worth millions of dollars. On the other hand, novice traders, often young, are trying to cut a career in forex trading. This means they have a small trading capital. Even if you have massive capital, you wouldn't want to risk it before your strategy can guarantee results, right? The most common advice for starters is to use a demo account. However, demo accounts are devoid of trading emotions like fear and greed. Therefore, you might want to fund a small amount to get real-life trading experience.
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13 June, 2022
Best Brokers For Large Accounts

Best Brokers For Large Accounts

The trading market has levels. There are beginners and seasoned investors. We could also classify the traders according to the account size they manage. Some investors manage small accounts, while others run accounts worth thousands of dollars. The latter are usually fund managers and big whale investors.The forex market is the biggest in the world and accommodates everyone. But the various brokers have unique features designed to appeal most to a certain client base. In this article, we'll focus on large accounts.Getting Started With a Large AccountSuppose you plan to trade with big capital. You will definitely want a broker who...
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06 June, 2022
Forex Brokers with FREE VPS

Forex Brokers with FREE VPS

Imagine if connection or power problems occur. Low performance of terminals could lead to slippage. These problems could mean the difference between failure and success. With that in mind, today we’ll explore some of the Top Forex Brokers offering FREE VPS services, along with the conditions required to qualify for them.
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30 May, 2022
Best Brokers With Trailing Stop Loss

Best Brokers With Trailing Stop Loss

In trading, we can’t emphasize the importance of risk management enough. Towards this purpose, traders can use traditional stop loss and take profit features. Savvy traders, however, will also take advantage of the trailing stop loss which moves with the market price, allowing traders to lock in profits while still giving the trade room to grow. Today, we will take a look at some of the best forex brokers with trailing stop loss, but before do let's take a closer look at how the traditional and trailing stop loss works.
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22 May, 2022
Can I Open Brokerage Account With ITIN Number?

Can I Open Brokerage Account With ITIN Number?

Opening a brokerage account is an easy process; that's the general expectation. Simply fill in your personal details, and once the broker verifies supporting documents, you are good to go. But the process gets quite complicated when you are a non-citizen or non-permanent resident. Some brokerage firms restrict membership to US citizens.
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10 May, 2022
Day Trading Gold - All You Must Know

Day Trading Gold - All You Must Know

Capital markets investors are either scalpers, swing traders, or day traders. Scalpers open and close trades within a very short period, typically a few minutes. On the other hand, swing traders use long-term trading strategies and usually close trades after weeks or even months. In between, we have the day traders, our focus today.While many traders trade gold by taking advantage of long-term strategies, you can day trade gold. Day traders open and close trades on the same day, capitalizing on short-term price changes.Day Trading GoldGold trading is speculation of the price of gold to make a profit. Gold is among the most valuab...
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14 April, 2022
Best Traders To Copy On Etoro

Best Traders To Copy On Etoro

Etoro enables anyone to trade like a seasoned trader, thanks to their award-winning Copy Trader technology. Whether you are a beginner or don't have sufficient time to trade, you can automatically copy and replicate the trades of successful traders into your portfolio. Here are the best traders to copy on eToro.
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22 March, 2022
The Crypto Assets Conference (CAC22A) to be held in Germany

The Crypto Assets Conference (CAC22A) to be held in Germany

The Crypto Assets Conference returns to Frankfurt to discuss bitcoin and other crypto assets. It is slated to take place at the Frankfurt School of Finance and Management campus between 4th and 6th April. The three-day event is organised by the Frankfurt School Blockchain Center. It brings together crypto enthusiasts and industry leaders. Only 300 participants will attend even in person, but a lot more will follow through a live stream. The well-proven hybrid format was selected due to the corona regulatory requirements.Why should you Attend the Conference?The digital assets' popularity has transversed into institutional and main...
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20 February, 2022
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