Michael Kuchar

Michael Kuchar

Hi, I'm Michael, founder of TradingBeasts.com since 2016. I compare and review forex and CFD brokers based on hands-on experience. As an active intraday trader specialising in G20 currencies and XAU/USD, I test platforms from a real trader's perspective and create educational content for traders at all levels.

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

There is a time to go long, a time to go short, and a time to go fishing

Jesse Lauriston Livermore - Early 20th-century trading icon and a pioneer of day trading

Latest articles from this author

How to Invest In Commodities

The term commodity is not common, and some people may never have heard of it. However, understanding commodity investing can be a straightforward and robust addition to a trader’s investment portfolio.Let us discuss how to invest in commodities.Understanding Commodity TradingCommodity trading has been in existence since the ancient times before the inception of bonds and stocks. In the past, it was a crucial business connecting different people and cultures. Today, commodities remain a popular investment instrument. Investors interested in venturing into the commodity market can do so in various ways. Let us discuss these methods...

16 September, 2020

How to Read Charts When Trading Crypto

How to Read Charts When Trading Crypto

If you want to become a successful trader, you should learn to do technical analysis. This is a main ingredient in getting results regularly instead of on a luck basis. The most predominant tools in doing analysis are charts and graphs that follow market dynamics. Let’s take a look at the most essential crypto charts you might come across on top of different exchanges and see how to use them.Line Price ChartYou always want to start with the basics, and Line Price Chart is a good fit for that. Traders use this chart to get an understanding of price dynamics over a period of time, and this dynamics is represented by a single contin...

11 September, 2020

How Do You Start Investing In Gold?

When financial markets experience decline, many savvy investors see precious metals, like gold, as a safe haven. People definitely have to take a look at gold and silver when thinking about moving some of their money into alternative types of investments. These are counter-cyclical assets that act as a hedge against inflation. Now, the question is, “How does someone start investing in gold?” In this article, you’re going to learn your options when it comes to investing in gold since there are actually various ways to go about it.1. Purchase Gold JewelryInvesting in gold jewellery is one of the most popular ways to hold the yello...

28 August, 2020

3 Things You Need To Know About Market Volatility

Forex market volatility isn’t just a simple chaotic change for Forex traders. As market participants try making sense of the price action, trends and patterns actually emerge from those seemingly meaningless swings in value.What’s market volatility? It’s a measure of the degree that changes in a currency pair, currency, or Forex market’s value as a whole occur. Simply saying, volatility is referenced when sharp changes in the value of a currency are observed as compared to many of the market’s other currencies.It’s important to note that social, economic, and political events and occurrences affect currencies. They cause prices ...

27 August, 2020

Forex Brokers that accept Ecocash

Forex Brokers that accept Ecocash

This article describes forex brokers who accept the use of Ecocash for forex deposits and withdrawals. But what is mobile money all about?Ecocash is a telecom company-driven mobile money solution that operates in Zimbabwe. It is a product of Econet, a telecom company that operates in several countries in Africa.

08 August, 2020

IQ Option M-Pesa - Deposits and withdrawals

IQ Option M-Pesa - Deposits and withdrawals

Update: As per all the comments in the discussion under this article, we must notify you that IQ Option no longer supports withdrawals via M-Pesa. If you are looking for a broker that does support both deposits and withdrawals, you can check out Exness.comVisit Exness.comRemember that forex and CFDs available at Exness are leveraged products and can result in the loss of your entire capital.Please ensure you fully understand the risks involved.IQ Option supports in some countries a popular mobile money payment system called M-Pesa. Despite the fact that this funding method is particularly popular in Kenya, traders from other Afri...

02 August, 2020

Forex Brokers that accept Mobile Money

Forex Brokers that accept Mobile Money

The number of forex brokers that accept mobile money for deposits and withdrawals is still relatively low. Despite this fact, there are already a couple of solid forex brokers who work with mobile money. The mobile money payment channel is very common in Africa, especially in Ghana, Kenya, Cameroon, Rwanda, Uganda and Tanzania, where it is used as a tool for financial inclusion.

Top 7 Crypto Trading Setups You Need To Know By Heart

Top 7 Crypto Trading Setups You Need To Know By Heart

The content is supplied by Ruslan Abdullin, on the behalf of True P&L – a public rating platform.Developing a profitable trading strategy takes more than just following the guides. You have to learn by heart a specific configuration of charts called setups. Knowing them and being able to identify in charts always takes you a step forward to the majority of traders. Let’s discuss the top setups used by traders.1. Golden/Death CrossThis setup is great for understanding that the trend change is coming. If you examine short-term moving average and find that it crosses its long-term moving average, you know the trend line movement...

Even a hint of conflict can destroy a currency

The content is supplied by Finance Makers, on the behalf of Axiory - a Belize regulated brokerage. We live in unprecedented times with the novel coronavirus pandemic taking over the world and the chaos prevailing in the United States. Nevertheless, conflicts that existed before remain a great threat to the security of nations, people, and their stability. Under the current circumstances, millions of people are under a constant threat of being left homeless due to the conflicts erupting within the region. Military or political conflicts are a real threat that jeopardizes the peace, stability and economic prosperity of any nation r...

Forex Brokers in Kenya with M-Pesa

Forex Brokers in Kenya with M-Pesa

Forex brokers that accept M-Pesa offer the opportunity to deposit and withdraw funds from a forex account using the M-Pesa payment channel. The M-Pesa payment channel is particularly popular in Kenya and Tanzania, but its popularity is also increasing throughout Afghanistan, Mozambique and India. M-Pesa is coined from a Swahili term: “m” stands for “mobile” and “pesa” stands for “money”. M-Pesa is a mobile payment method set up by Vodafone’s Kenyan partner.

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