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

Forex Brokers accepting Volet

Volet (formerly Advanced Cash) is a popular international payment system that offers plastic and virtual cards that clients can use to pay easily for goods and services all over the world. Thanks to the Volet popularity, many forex brokers adopted this payment system as one of the possible funding methods and are now accepting Volet as a method that traders can use for deposits and withdrawals.
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09 July, 2020

Binomo VIP Account - Discover All Its Benefits

[vc_column width="3/4"]The Binomo VIP account is a special account type which provides to Binomo clients some special advantages. Today, we will take a look at what are the benefits of having Binomo VIP account and we shall tell you how you can obtain the VIP status.Get the VIP Binomo AccountWhen trading with real money, your capital is at risk.Note to European visitors: Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.What are the benefits of Binomo VIP account?In comparison to the standard Binomo account, Binomo VIP account offers higher payouts, access ...
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05 July, 2020
XM.com Sign up Guide - How to register a new account

XM.com Sign up Guide - How to register a new account

XM.com is a popular CFD and Forex trading broker. Today, we will provide you with a step-by-step guide on how to sign up at XM.com. So let's get right into finding out how to register a new XM.com account.
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02 July, 2020

Plus500 Professional account - Advantages & How to get it

Plus500 offers to professional clients unique account type called the Plus500 Professional account. Unlike the Plus500 retail account, this pro account allows its traders to use higher leverage when opening trades. Today, we will cover what are all the advantages and disadvantages of the Plus500 Professional account and the conditions you have to meet to get such an account.Plus500 Professional vs Retail account leverageBecause on Plus500 pro clients do not apply the ESMA (The European Securities and Markets Authority) rules and leverage restrictions, they can take advantage of higher leverage. Here is a breakdown and comparison ...
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28 June, 2020

IQ Option Tournaments - Rules & Strategies

[vc_column width="3/4"]This material is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders.In most countries outside the European Economic Area, IQ Option holds trading tournaments in which you can win real cash. Today, we will cover what are the rules of IQ Option tournaments and what strategies you can implement to get off on the right foot.Can I enter IQ Option tournaments for Free?Some tournaments can be entered free of charge and are funded by the broker. However, most tournaments require you to put the entry fee. This fee differs from tournament to tournament. However,...
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27 June, 2020
Is Forex Trading Halal or Haram According to Islam?

Is Forex Trading Halal or Haram According to Islam?

[vc_column width="3/4"]The issue of whether online forex trading is halal or haram according to Islam is a very controversial one. Controversial, because there does not seem to be a uniformity of opinion among many scholars on the issue. But what is the basis of the argument?The argument usually centres around whether forex trading constitutes a form of investment whose returns can be classified as usury. However, there is a lot more that is involved and this article will attempt to shed some light on the matter whether forex trading is halal or haram. It is pertinent to note that the writer is not a Muslim and views expressed he...
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12 May, 2020
Forex Trading in Kenya - Basics, Regulation

Forex Trading in Kenya - Basics, Regulation

[vc_column width="3/4"]Forex trading in Kenya has assumed great importance because of the technological and regulatory advances that have been made there as far as financial market operations are concerned. Kenya is located in East Africa and is considered the most advanced economy of the region. Kenya’s e-payment revolution is well known, being the first country to push mobile payments to the forefront of economic activity not just in the region, but in Africa. These advancements have allowed the forex market to take a solid hold in the country.Overview of the FX market in KenyaKenya’s forex industry operates within the confines...
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02 May, 2020
IQ Option Perfect Money - Deposits and withdrawals

IQ Option Perfect Money - Deposits and withdrawals

IQ Option supports Perfect Money deposits and withdrawals in nearly all countries outside EEA. In this article, you are going to find out in what countries IQ Option accepts Perfect Money and how to deposit and withdraw money via this popular funding method.Does IQ Option accept Perfect Money?Yes, IQ Option supports Perfect Money deposits and withdrawals. This funding method is available on the IQ Option platform to traders from Asia, Africa, Oceania as well as South America. So no matter whether you are a resident of South Africa or Mexico, you can use Perfect Money as a deposit and withdrawal method (see from what countries IQ ...
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11 April, 2020

IQ Option Volet - Deposits and withdrawals

IQ Option supports Volet deposits and withdrawals in nearly all countries outside EEA. In this article, you are going to find out in what countries IQ Option accepts Volet and how to deposit and withdraw money via this popular funding method.
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11 April, 2020

EGM Securities Kenya - Review

EGM Securities is a Forex and CFD Broker that features on its trading platform currency pairs as well as 4 precious metals and CFDs on 28 stocks and indices. EGM Securities limited is regulated and overseen by the Capital Markets Authority in Kenya. The broker charges on a popular currency pair EUR/USD a typical spread of 1.6 pips*. EGM Securities Kenya Minimum deposit is $200. What do we cover in our EGM Securities Review?[toc][ecp code="general-warning"]Basic information about the broker Website address: https://www.egmsecurities.com Instruments: 61 currency pairs, 4 precious metals, 28 CFD instruments (European and American ...
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11 April, 2020
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