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

Top books about trading that every trader should know

Top books about trading that every trader should know

[vc_column width="3/4"]There are hundreds of books about trading, some of them focus on technical analysis or on specific indicators and some of them on psychology. It is very hard to determine which books about trading are the best and definitely worth reading. That's why we came up with the following list of the most comprehensive educational materials for you to read. The books are usually sold in two versions, in electronic form and in a regular hardcover. The main difference in them is simply just price because very often you are able to get electronic books for 1/2 the price of a regular hardcover.How I made one million dol...

RSI indicator and a simple trading strategy

Do you know how RSI indicator works? Well, now you are about to find out along with learning a simple and effective trading strategy. In order for you to successfully trade the RSI indicator you firstly need to understand its principle. RSI is a shortage for Relative Strenght Index and it can have a value from 0 to 100. While values under 30 indicate an oversold market, the values above 70 signalise an overbought market. So simply put, it can help us to determine whether a price of an asset has a higher value than it should have (overbought market) or if the value is lower than it should be - a case of an underse...

How to read candlestick chart: introduction to patterns and formations

How to read candlestick chart: introduction to patterns and formations

Learning how to read from a candlestick chart is one of the basic tasks in technical analysis no matter whether you trade forex, cryptocurrencies, binary options or any other financial instrument. The first thing which can pop up in your head when you look at a chart can be, what each candle means. There is a very easy answer to that: „price movement over a certain time period“.

21 October, 2016

MetaTrader 4 - how to download and work with MT4

MetaTrader 4 - how to download and work with MT4

In the following article, you will learn how to download MetaTrader 4 and how to use it correctly. MetaTrader is one of the most popular programs used by traders for technical analysis. It offers a charting system that is super easy to use and which is totally free. In MT4 you will find a wide range of customizable indicators, alarms, and templates along with the possibility to use your own expert advisors. But first, in order to work with MT4, you need to create a demo account, so let’s get right into it.Setting up a demo accountA huge number of forex brokers offer the MT4 platform, but in your broker doesn’t you can download ...

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Founded in 2016, TradingBeasts helps individual traders choose brokers and trade more responsibly across forex, crypto, and other markets. We trade the markets ourselves and open live accounts with many of the brokers we cover. We review brokers in depth, covering their platforms, features, and costs, and compare them side by side.

We publish educational content and market news. Because we follow brokers year-round, we keep track of promotions, partner codes and rewards that traders might otherwise miss.

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All information on this website represents 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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