Michael Kuchar

Michael Kuchar
Michael Kuchar
Hi, I'm Michael and my area of expertise is forex and cryptocurrency trading. I specialize in intraday trading of G20 currencies and to anticipate potential market moves I utilize a fusion of both fundamental and technical analysis. My most current interest lays in cryptocurrencies, especially in Ethereum and in decentralized applications.

Basic information

  • Education: B.A in Economics/Business, University of Pardubice
  • Current work: CEO of TradingBeasts.com
  • Contributor to TradingBeasts: Since April, 2016

Investing

  • Trading style: Intraday trader / Analyst
  • Favourite assets: EUR, CAD, WTI, Gold

Favourite quote

Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it.

Albert Einstein - Mathematician and physicist, winner of nobel prize in physics

Latest articles from this author

Best Islamic Forex Brokers

Best Islamic Forex Brokers

While the forex market presents a lot of opportunities, it is important for traders to ensure they are following both religious and national laws. For Muslim traders, there are laws that have been in place for centuries to govern their trading activities. These laws ensure that Muslim individuals do not break Sharia law during financial transactions. Luckily, there are forex brokers that have this in mind and provide Islamic Accounts for Muslim traders.
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03 April, 2023
Forex Trading Robots for Android

Forex Trading Robots for Android

Mobile devices greatly reduced the entry barrier to the forex market. As mobile penetration increased, so did the ease of access to online financial markets. This is one of the reasons why the number of forex traders is continuously growing worldwide. Consequently, there are many new traders entering the market without developed trading strategies to rely on. Some of these traders may prefer to use android-based trading robots to mitigate this lack of trading experience.Additionally, some people may lack the time to continuously monitor and trade financial markets. An automated android robot can help them participate in forex tra...
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29 March, 2023
Forex trading competitions for Cash

Forex trading competitions for Cash

Trading competitions have grown in popularity among brokers in recent years. They provide traders with the opportunity to compete against other traders and potentially win cash prizes. These competitions can provide traders with valuable experience and exposure to a variety of trading styles and strategies.Trading competitions are also a great way for forex brokers to market themselves. Let’s look at some brokers with trading competitions for cash and the trading conditions they have to offer. Notably, most competitions are not available in the EEA region or they are available only under an entity that is not regulated in the EU....
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28 March, 2023
eToro list of Supported & Banned Countries

eToro list of Supported & Banned Countries

eToro is currently one of the biggest multi-asset brokers in the world today. This broker currently has over 30 million registered users from all over the world on its platform. It offers many attractive features to attract such a high number of clients. Sadly, these features are not available to all people in the world. There are countries from which eToro does not accept clients. In this article, we look at the eToro list of supported and banned countries. We will also mention a few alternatives for people who cannot access eToro in their countries. But first, let’s see what eToro has to offer.Visit eToro for more info[ecp code...
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21 March, 2023
FP Markets List of Supported & Banned Countries

FP Markets List of Supported & Banned Countries

FP Markets is currently one of the best brokers in the world today. With over 10,000 trading instruments, this broker is very attractive to traders who want to diversify their portfolios. This company currently serves clients from many countries in the world. It is especially popular among European clients. However, there are countries where FP Markets does not accept clients.Today, we will be looking at FP Markets' list of supported and banned countries. We will also give you some alternatives to FP Markets with reliable trading conditions.Visit FP Markets for more info[sc name="fpmarkets"] of retail CFD accounts lose moneyWhat ...
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19 March, 2023
Forex Brokers With Instant Deposits

Forex Brokers With Instant Deposits

Time is a very crucial determinant of the overall trading experience of investors. Today, we have trading platforms that execute orders in microseconds. This is pivotal as it ensures that traders do not miss out on potential profits due to slow executions. Another thing that can save traders some time in the market is instant deposits. Clients can make deposits and start trading immediately, giving them the ability to jump on trades without waiting.In this review, we will look at some forex brokers with instant deposit as a feature. We will also look at the trading conditions provided by the brokers.FP MarketsFP Markets supports ...
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16 March, 2023
Forex Brokers Which Allow Arbitrage Trading

Forex Brokers Which Allow Arbitrage Trading

Arbitrage is an investment strategy in which an investor buys and sells an asset in different markets at the same time in order to profit from a price difference. While price differences are typically small and transient, the returns can be substantial when multiplied by a large volume. Hedge funds and other sophisticated investors frequently use arbitrage.There are several types of arbitrage, including retail arbitrage, statistical arbitrage, and convertible arbitrage. Retail arbitrage is used to buy and sell physical products such as those found on eBay or Amazon. Buying a convertible security and then shorting the underlying s...
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14 March, 2023
What Trading Platforms Do Real Professionals Use?

What Trading Platforms Do Real Professionals Use?

Trading the financial markets can be very challenging, especially for beginner traders. Hence, It is important for newer traders to learn strategies and techniques from more experienced professional traders. As a trader, choosing the best trading platform is a very important decision to make, as this platform is the working interface you will always interact with whenever you need to analyze charts, place a trade or close a trade. There are so many trading platforms but only a few of these are used by real professional traders to trade in different financial markets like forex, stocks, commodities, metals, crypto, and indices. Th...
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12 March, 2023
NinjaTrader Supported Brokers - List

NinjaTrader Supported Brokers - List

NinjaTrader, which was founded in 2003, provides software and brokerage services to active traders. The NinjaTrader platform is ideal for active traders who require a wide range of technical analysis tools. The platform features superior charting, real-time analysis, customizable technical indicators, Chart Trader (a chart-based order entry tool), and thousands of third-party apps and add-ons. The NinjaTrader platform supports a variety of market data and brokerage options, allowing you to trade futures, forex, equities, and more.The ability to place simulated trades, complete with a fictitious account and profit/loss summary, is...
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07 March, 2023
Best Forex Brokers According to Trustpilot

Best Forex Brokers According to Trustpilot

Trustpilot is an open customer review management tool that lets brokers interact and create trust with current and future customers. It automates the review gathering process, collects feedback, improves organic search results, increases conversions on paid searches using Google Seller Ratings, and amplifies brokers’ online presence.With over 58 million reviews and over 270,000 reviewed websites, Trustpilot provides a platform for people to share and discover business reviews, as well as tools for businesses to leverage consumer input into business results. Its purpose is to bring individuals and businesses together in order to c...
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04 March, 2023
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