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

France on the frontier of EU crypto regulations

France on the frontier of EU crypto regulations

[stm_post_details] The European region is not best known for its development of the cryptocurrency industry or the blockchain industry. While the financial regulator of the US, the SEC is working on defining the blockchain strategy, Asia is famous for crypto-exchanges, Australia is financing Blockchain projects and Africa is one of the leading continents when it comes to the adoption of cryptocurrencies European government seem to be less interested in it. The development of the crypto industry in Europe is going slower than in other parts of the world. However, the situation might be changed as France is starting to pay att...
Read more >>
16 April, 2019

The Basics of Natural Gas Hedging That You Need to Know

If natural gas is a significant underlying cost or a significant source of income for your business there is one term that you would have to live with and perhaps even sleep with – ‘VOLATILITY’. Natural gas is historically one of the most volatile commodities and the price fluctuations that take place can be very troublesome for both consumers and producers. Managing this risk is not always easy, but can be done through the use of a well laid out hedging strategy. Natural gas hedging is by no means a way a “profit center”, but rather is meant to mitigate the risks involved for your business due to unwanted price fluctuations. In ...
Read more >>
11 April, 2019
Swing Trading Crypto - The ultimate guide

Swing Trading Crypto - The ultimate guide

Crypto swing trading is a trading style in which the trader opens and closes cryptocurrency trades usually within a few days, and usually never stays in a position for more than 2-3 weeks. Swing trading is very distinct from day trading, where the trader essentially sits in front of a computer screen and looks for opportunities to get in and out of trades within the same trading day.
Read more >>
30 March, 2019
5 Best Free mobile trading apps for Android

5 Best Free mobile trading apps for Android

[toc]Nearly all brokers offer nowadays mobile trading apps where traders can speculate on the price movement of forex pairs, cryptocurrencies, indices, stocks and commodities. Today, we have focused on mobile trading applications that are available exclusively to Android users; here is a list of the 5 best of them (according to us).eToro - Social mobile Android platform Our rating: [usr 4,5] Rating at play.google.com:[usr 4,1] (Rated by: 18 660 users) Link to the website & downloading the app: https://www.eToro.com/ ([ecp code="Etoro-number-of-people-losing"] of retail CFD accounts lose money when trading CFDs with this pr...
Read more >>
27 March, 2019
How the Combination of Blockchain and Swarm Robotic Can Revolutionize the Future

How the Combination of Blockchain and Swarm Robotic Can Revolutionize the Future

In this day and age of technology, the future has been projected to be fun, and ease as more inventions are being made to send well-designed robots to highly risky rescue missions, advance productivity, raise an army and even take agriculture to a different level. With many advanced types of researches done in the field of swarm robotics, it has been discovered that the emergence of another technology in the name of blockchain technology will perfectly combine and offset the many gaps in the swamp robotics to make the future better.What is Swarm Robotics?Swarm robotics deals with the study of the design, physical body and the col...
Read more >>
21 March, 2019

Financial Spread Betting - Say no to Stamp duty & Capital gains tax

[vc_column width="3/4"]Spread betting is a form of speculative trading in which the trader places a bet on the expected movement direction of an asset, and allocates a cash amount to the trade in order to profit from the price movement without actually owning the asset. Financial spread betting is in many aspects very similar to CFD trading, there are just a few differences that these two investment types have.What financial assets can you spread bet?It is possible to spread bet on several asset types: forex pairs, stocks, bonds, commodities and indices. Some platforms also support spread betting on cryptocurrencies. Spread bets ...
Read more >>
18 January, 2019
Stock day trading for beginners - How to start

Stock day trading for beginners - How to start

[vc_column width="3/4"]The stock market is a place where stocks, bonds, options and ETFs are traded. Day trading on the stock market means opening and closing trades within the trading hours of a single day. Unlike the forex market which operates for 24 hours, the stock market is opened only for a few hours in a business day. Therefore, traders have far less time to make their trades work. That is why it is essential they understand how to trade stocks profitably within the few hours that market gives them.Before you start day trading stocksIn terms of pre-trading processes, you will be looking at how to prepare yourself for a da...
Read more >>
11 January, 2019
How is Blockchain changing industries the way we know them

How is Blockchain changing industries the way we know them

The Blockchain revolution has been long in coming and now it is upon us. New ways and thinking are set to lead to better productivity. You must have seen or heard from one or two sources that blockchain technology is poised to disrupt the activities of various industries in manners considered profitable and necessary. The question remains; what is this revolution about and which industries are going to experience this change?IntroductionWithout mincing words, Blockchain Technology simply refers to a decentralized database system. These databases are securely encrypted with cryptographic technology so that any information absolve...
Read more >>
09 January, 2019

Spread Betting vs CFDs: The Differences

This article aims to show the differences between spread betting and CFD trading. This information will help many traders identify which of the two markets they should be trading.Spread Betting and CFD TradingSpread betting and CFD trading are both speculative ways of trading the financial markets. They do not require the trader to own the underlying asset, and they are usually traded on a leveraged basis. They also share similar asset profiles; it is possible to trade stocks, indices and commodities either as spread bets or on the basis of CFD trading. Spread betting is especially popular in the UK, while CFD trading and trading...
Read more >>
20 December, 2018
3# Crypto Chart Patterns for Day Trading you should be using

3# Crypto Chart Patterns for Day Trading you should be using

This article will discuss the patterns that are available to you to trade cryptocurrencies on an intraday basis.What are Crypto Patterns?The phrase “crypto patterns” as used in this article, refers to the chart patterns that are formed by price action on various cryptocurrency assets. For this article, we are mostly interested in patterns that the trader can use to get into and out of trades profitably within the course of one trading day.Some Points to NoteThere are several chart patterns that occur in the financial markets. However, there are very few you should be concerned with. These are the crypto patterns that will be desc...
Read more >>
13 December, 2018
OGRiYz