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

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...

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 ...

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.

Five Must-know Technical Analysis Tools

Five Must-know Technical Analysis Tools

In recent years, technical analysis has grown more popular among investors. Part of the increase in popularity comes from the rise of cryptocurrencies. As digital assets, Bitcoins and other cryptocurrencies do not have fundamentals such as P/E ratios or book values for investors to analyze. Instead, investors make trading decisions by graphing and interpreting price and trading volume data, a technique known as technical analysis.Technical analysis is powerful because it doesn’t require any detailed understanding of the underlying security. Instead, we study the price and trading volume of a security and make price predictions gr...

Conversational AI is changing the cryptocurrency industry

Conversational AI is changing the cryptocurrency industry

It's safe to say that there seems to be no industry that remains untouched from blockchain technology and its impact. If you understand blockchain technology, you will know that the cryptocurrency industry is entirely an offshoot of blockchain technology. Blockchain technology is extremely powerful and which in hindsight means cryptocurrencies have many limitations too. Some of the limitations are technology-related, but others are a result of an old fashioned culture that has been prevalent for years amongst the financial sector. Interestingly, the antiquated ways of working can be affected by AI in some way. Take a peek into an...

7 ways in which blockchain technology will impact the word

7 ways in which blockchain technology will impact the word

Blockchain has caused up a stir concerning new innovative technology and rightly so as it's set to have a significant impact on our future. Blockchain is set to change many industries such as the way we bank, our healthcare system and deliver secure communications. To understand the real impact of blockchain technology and how it can revolutionise the current system, we need to understand the technologies capabilities.Blockchain is not controlled by a central organisation or person, which is what makes it quite attractive. The way it works is the information is stored across a system of personal computers which eliminates the mid...

How to Find the Best Day Trading Stocks

This article will provide you with some information on how to find the Best Day Trading Stocks. In day trading stocks, you must be conscious of one peculiarity of this market: stock markets are only open for a few hours every day. Different national exchanges will have their opening and closing hours, so you should know what exchanges the stocks you want to day trade are located, and what time the exchange will be open for business. Even if you trade on an online platform, the stock will not be open for trading if you are outside the trading hours for that exchange. So this is an important factor to consider.Best Day Trading Stoc...

Five Metrics to Help You Pick Better Stocks

As the coronavirus cooled the heat of the historic bull market we were in, traders were forced to reexamine the strength of their investments. Sure, in a bull market, making money in equities is easy and we forget that equity investing should be based on solid analysis and reasoning. After all, investing in a stock is to invest in a company’s future and growth. For any trader to have longevity, understanding the key metrics used to evaluate a stock is a must. Today, we are going to cover the five most crucial stock metrics to help you make better investment calls and more consistent plays.The P/E Ratio – Relative ValuationThe ric...

Stablecoins explained - Complete guide

Stablecoins explained - Complete guide

Cryptocurrencies are arguably the most volatile financial asset in the markets today in the markets today and are capable of wide variations in price. This may be great news to speculators on the right side of trades, but bad news for other categories of traders, especially those whose trading accounts are inadequately financed. These price movements can be very sudden and can even create problems for traders in a lot of ways. Imagine withdrawing your cryptocurrency from your trading account and a short while later, you find out its value has dropped by up to 30%! What a shocker.The desire to come up with cryptocurrencies that we...

21 February, 2020

MARKETSX Review – What to expect from the broker

Markets.com decided to re-brand and changed its name to MARKETSX. Today, we will cover everything this new re-branded company has to offer.MARKETSX is a CFD Broker and spread betting provider that features on its upgraded trading platform CFDs on Currencies, Shares, Indices, Commodities, Bonds, ETFs, Blends, and Ipos. The Markets group is regulated in the UK by the FCA, in Cyprus by the CySEC, in Africa by the FSCA, in Australia by the ASIC and in the British Virgin Islands by the FSC. The minimum spread is for EUR/USD 0.5 pips*, real trading is possible with a minimum deposit of $100. The MARKETSX website is available in English...

12 December, 2019

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