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

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), and highly...

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

How to buy the dips in cryptocurrency market – Complete guide

How to buy the dips in cryptocurrency market – Complete guide

Traders can approach the cryptocurrency market with many different strategies. One of the more common ones is „buying the dips“. This refers to the effort of buying a cryptocurrency for a low price rather than buying it when it’s high. While most traders are afraid to practice this, it is generally safer to trade the dips than just buying a coin with everyone else, when it’s trending. To master this technique, firstly we need to establish when it can be said that it is truly safe to “buy the dips”.How to determine the dip levelThe most complicated as well as important key factor in this strategy is determining the dip level. As ...

11 February, 2018

How to short any cryptocurrency without breaking a sweat

How to short any cryptocurrency without breaking a sweat

The mainstream idea of buying cryptocurrencies crossed many minds, but what about investing in their downfall? Is such an idea sane? By now you probably know that the cryptocurrency market is well known for its instability and when cryptocurrency prices drop, they drop hard. In order to explain how to short any cryptocurrency on the market, we have created the following guide with instructions that need to be executed.

29 January, 2018

Bitcoin trading demo account - how to start

Bitcoin trading demo account - how to start

Trading Bitcoin can be quite risky when one does not have a lot of experience with the cryptocurrency market. Luckily, there is a way how to try Bitcoin trading without taking any risks whatsoever. A Bitcoin trading demo account is intended for this very purpose. A practice version can be created free of charge and any beginner, as well as any advanced trader, can experiment and test Bitcoin and altcoin trading risk-free.

05 January, 2018

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