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
Published on: TalkMarkets, BitcoinMagazine.com, FXEmpire.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

Colmex Pro Review - What to expect from the broker

Colmex Pro is a Forex and CFD Broker founded in 2010 that features on its trading platform CFDs on forex, stocks and commodities. Colmex Pro is regulated and overseen in Cyprus by the CySEC. Real trading is possible with the minimum deposit of $2 000. The Colmex Pro website is available in English only.[ecp code="general-warning"]Basic information about the broker Website address: www.ColmexPro.com Leverage: up to 1:30 Instruments: CFDs - Forex, commodities, stocks Minimum deposit: $2 000 Demo account: Yes, free of charge Methods of deposit and withdrawal: Wire Transfer, Skrill, Credit and debit cardsColmex Pro Trading Plat...

The Good, The Bad, And The Beauty Of Facebook Cryptocurrency

The Good, The Bad, And The Beauty Of Facebook Cryptocurrency

The news about Bitcoin and other cryptocurrencies have been spreading like wildfire. But, wait a minute. How many of you knew that Facebook has its own cryptocurrency? I guess not so many. But it's official; Facebook now has its own digital money. And to be specific, it`s a “Facebook cryptocoin.” The coin is still very new in the global market. But according to Ross Sander, Barclays Internet analyst predicts Facebook Coin to accumulate to $19 billion in incremental revenue by 2021; base-case $3 billion. Here are the three new things investors, as well as the public, should know about Social Media Giant entrance into the crypto ma...

Navigate the future of Blockchain and Cryptocurrency

Yes, we are only halfway to the end of 2019, and the conversations and doubts about cryptocurrency have changed. And now the question is no longer whether cryptocurrency is actual money or a 'fraud,' but rather what does the future of cryptocurrency hold-and what does this mean for the world? With over 1200 different coins listed on Coinmarketcap, now is the best time to join the crypto space, because there are a lot of inexpensive options. But wait a little bit.Knowing the Future Is the First StepBlockchain innovation was introduced after the monetary recession of 2008, cryptocurrency (Bitcoin) came up as a solution to avoid reo...

How do TOP 15 FX/CFD Brokers Market themselves on Social media

[vc_column width="3/4"]Forex and CFD brokers (in the UK, Singapore, Hong Kong and all over the world) usually struggle when it comes to marketing campaigns due to serious restrictions and laws preventing them from forming fully fledged multiple-step strategies. In most cases, they rely on affiliate marketers who create specific content and then showcase the companies to their audience. It has been like this for many years now and still continues on doing so. However, a major breakthrough in financial marketing was made when eToro first decided to launch a campaign on Facebook and various other social media websites where the ads ...

How to trade CFDs on Options

[vc_column width="3/4"]I found out that there are many guides that compare options trading to CFD trading. No article, however, explains how does work trading CFDs on options. Guess what I will cover in today's article? Well, everything there is to know about trading CFD Options. We will start with an explanation of what this investment instrument is and how it works in practice, then I will give you an example of a broker that supports CFDs on Options.How CFDs on Options workOptions CFDs work exactly the same as any other CFD instrument. That means, we physically don't own any options as we are just speculating on the price fluc...

Amana Capital Review - What to expect from the broker

Amana Capital is a CFD broker that is licensed in Europe by the CySEC and is in the register of several European financial institutions. Amana Capital allows investors to trade Forex, futures CFDs, Stock CFDs, Spot metals (gold and silver) and energies (WTI and Brent crude oil). The minimum spread is for EUR/USD 1.4 pips*, there is no minimum or maximum amount for deposits via Debit/Credit card.What do we cover in our Amana Capital Review?[toc][ecp code="general-warning"]Basic information about the broker Website address: www.amanacapital.com.cy Leverage: up to 1:30 Instruments: CFDs - Forex, futures, Stock, Spot metals (gold ...

ARUM Capital Review - What to expect from the broker

ARUM Capital is a CFD broker that is licensed in Europe by the CySEC. The broker features CFDs on forex, metals, indices, energies and a couple of cryptocurrencies. The minimum spread is for EUR/USD 1.3 pips* and the minimum deposit in order to start trading is $500. The ARUM Capital website is available in English and Russian.What do we cover in our ARUM Capital Review?[toc][ecp code="general-warning"]Basic information about the broker Website address: www.ARUMCapital.eu Leverage: up to 1:30 Instruments: CFDs - forex, metals, indices, energies, cryptocurrencies (BTC, BCH, ETH, XRP, LTC) Minimum deposit: $500 Demo account: Y...

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...

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...

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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