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

MasterCard and Visa - Crackdown on unregulated CFDs, Binary Brokers and ICOs

MasterCard and Visa - Crackdown on unregulated CFDs, Binary Brokers and ICOs

[stm_post_details] The card industry leaders - MasterCard and Visa decided to crack down on unregulated forex, CFDs, Binary Brokers and ICOs. This comes as a welcoming surprise for regulated brokers who have to deal with new stricter ESMA rules that the European regulator introduced this summer. From now on brokers and ICO issuers will have to play by the rules and provide services only in jurisdictions for which they hold appropriate licenses. MasterCard’s rules are already in place from this Monday. VISA has announced that they will force the same measures from the 1st of December.What does it mean for unregulated brokers ...

15 October, 2018

The Mystery of Satoshi Nakamoto

The Mystery of Satoshi Nakamoto

In case you haven’t heard of him, Satoshi Nakamoto is considered to be the genius of the cryptocurrency world as he is the creator of Bitcoin.It has been ten years since he first disclosed his intentions of creating Bitcoin and blockchain to the professional community and, yet, his identity is still a mystery. It was on November 1, 2008, when the Cryptography Mailing List subscribers received the following message:“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.”The brief message included a link to the eight-page Bitcoin white paper. The white paper featured a proposal for...

14 September, 2018

eToro Review - the Pioneer of Online Social Trading

eToro Review - the Pioneer of Online Social Trading

eToro is a modern trading and investing provider that ranks among the top social trading networks in the world. The company, founded back in 2007, offers a trading solution for both experienced and inexperienced traders who can benefit from its tight spreads, a free demo account, and an all-inclusive trading platform. Each client can trade on his own or take advantage of the CopyTrader™ system that allows users to follow and copy top-performing traders on the platform.

31 August, 2018

When privacy comes above all – 5 Most anonymous cryptocurrencies

When privacy comes above all – 5 Most anonymous cryptocurrencies

Among some cryptocurrency investors live a big lie claiming that cryptocurrencies are a synonym for anonymity. We, however, know that this rumour is a big misconception as most cryptocurrencies keep transaction records on the blockchain that can be with proper resources easily tracked. That being said, there are coins with prime focus on anonymity that will keep your identity and transactions concealed. Here are the 5 top anonymous cryptocurrencies used by people who want their identity to stay hidden.Monero (XRM)Without a shadow of a doubt, Monero is the number one coin when it comes to anonymity. This cryptocurrency is often re...

17 August, 2018

Is Trade Capital Invest a scam? Beware, Read this Review Now!

[vc_column width="3/4"][stm_post_details]There have been rumours that Trade Capital Invest is a scam that people should avoid. Is this statement true? Let’s find that out in today’s Trade Capital Invest review.Trade Capital Invest – Is it just another crypto scam?The number of crypto scams that want to benefit from the popularity of Bitcoin and altcoins is rapidly increasing and one has to be always on a watch out. If you received an email offer from Trade Capital Invest or accidentally stumbled upon their website you should pay a very close attention whether you do not see signs that would indicate that Trade Capital Invest is a...

5 Best FREE Crypto portfolio Trackers - That you must Try

5 Best FREE Crypto portfolio Trackers - That you must Try

Any cryptocurrency investor and trader needs to keep track of the cryptocurrencies he owns, otherwise, he would have no idea which coins are carrying his portfolio and which ones are taking it down. While cryptocurrency exchanges offer their own environment to manage and track your coins it is most of the time insufficient. The crypto exchange platforms lack most of the functions that crypto portfolio trackers have and are necessary for us to properly monitor our coins. To have a good track of your beloved Moon coins - here are 5 ways to manage them (3 website trackers, 2 mobile applications).CoinStats - All-in-one crypto manager...

IQ Option review - Binary and digital options

[vc_column width="3/4"] We have tested out one of the world’s fastest-growing online trading platforms, IQ Option. Keep reading to find out, whether the broker is a legit company or a scam. This material is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders.IQ Option offers a unique trading platform for binary options, digital options, forex and cryptocurrencies (CFDs). The IQ Option platform that allows real trading starting at $10 appeals to new and existing clients mainly with its high payouts that reach up to 95% in case of a successful trade (binary options), ...

Crypto Demo Account vs. Real Account - Psychology lesson

Crypto Demo Account vs. Real Account - Psychology lesson

Trading conditions on the cryptocurrency market are rarely different when moving from a demo account to a real account. However, there is one thing that changes significantly and that is your mindset, i.e. your trading psychology.Most of the new cryptocurrency traders start their journey to break the routine and experience something new and exciting with the promise of a good profit. However, the excitement only lasts until they experience their first loss. Some can cope with loss better than others but no one is completely immune to the stress it brings about.When reality does not meet expectations, anxiety rises and the vulnera...

Holding Cryptocurrency - How to Become Pro Hodler

Holding Cryptocurrency - How to Become Pro Hodler

If you want to be a long-term cryptocurrency investor, you have to learn how to hold a cryptocurrency you own. This might seem like an easy task at first, but it isn't. Most of you know that cryptocurrencies are known for their volatility but have you put any real thoughts into it? The crypto market can decline for several days or even months. If you want to be a pro hodler you have to learn how to handle this kind of pressure.https://www.youtube.com/watch?v=v7cYOzC2aBo HODL - Meaning of the termThis term is used several times in the article, but do you even know its real meaning and origin? If not, hear a story of one of the mos...

Three amazing steps to become a pro trader

[vc_column width="3/4"][stm_post_details]Trading is the most challenging profession in today’s word. Every day the number of active traders in the online trading community is rising at an exponential rate. Most of the new traders jump into the online trading industry only to secure their financial freedom. In the past, trading was limited to large banks and institutions but due to the recent advancement in technology, retail traders can also trade this market with the high leverage trading account. But having access to the high leverage trading account doesn’t mean that you will become successful in the Forex market. People in t...

12 February, 2018

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TradingBeasts helps individual traders learn how to responsibly trade forex, cryptocurrencies and other asset classes. We actively trade, publish educational articles and news. We review and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns that we come across. We are also a community of traders that support each other on our daily trading journey.

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All information on this website represent subjective views of the authors and they are solely informational. We do not give investment advice. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the TradingBeasts website. When you trade Forex, CFDs or other financial instruments you are exposed to a high risk of loss. We review and rate companies offering trading platforms for Forex, CFDs and other financial instruments. We do our best to warn people about scams and promote only companies we personally consider to be very good. From some of these companies, we may receive compensation. In order for you to use this website in any manner, please read our disclaimer/disclosure page and privacy policy

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