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

Forex Brokers That Accept Crypto Deposits

Forex Brokers That Accept Crypto Deposits

Crypto payments are becoming more and more popular, especially among online traders. There are a couple of reasons why online traders prefer this payment option to make their deposits. While there are many advantages to crypto transactions, there are also some disadvantages that cannot be overlooked. Below are some advantages and disadvantages of crypto transfers as a deposit option.Advantages of Cryptocurrency Deposits Crypto transactions can be cheaper and faster for deposits. The decentralised nature of cryptocurrency transactions gives users control. Crypto transactions can be more secure due to encryption techniques deplo...
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17 January, 2023
Best Synthetic Indices Brokers

Best Synthetic Indices Brokers

Offer not for US customersUnique indices called synthetic indices imitate actual market activity, but they have a catch: real-world events have no bearing on them. These indices are free of market and liquidity hazards, have constant volatility, and are based on a cryptographically safe random number generator. They are different types of synthetic indices which include volatility indices, crash and boom indices, step indices, range break indices, daily reset indices and jump indices.The Volatility 75 index, often known as the Vix 75, is the most actively traded synthetic index. There is also an automated trading option that you ...
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16 January, 2023
Top Female Crypto Influencers to Follow

Top Female Crypto Influencers to Follow

The crypto industry is still in its early stages and influencers play a very powerful role as a single tweet from a notable crypto influencer can literally move the prices of crypto assets within a few minutes or hours. Also, the crypto industry is always experiencing new changes as technologies surrounding the blockchain and crypto undergo new advancements on a daily basis. It can be very overwhelming to keep up with so many changes and the easiest tactic is to follow crypto influencers who are always updating their followers on current happenings in the crypto industry. Not all crypto influencers are equal in the degree of infl...
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14 January, 2023
Forex Brokers With U.S. Dollar Index

Forex Brokers With U.S. Dollar Index

Offer not for US customersThe Dollar Index is the value of the US Dollar against a basket of foreign currencies. The Dollar Index is currently calculated by considering the exchange rates of six major foreign currencies which include the Euro, the Canadian Dollar, the Japanese Yen, the Great British Pound, the Swedish Krona, and the Swiss Franc. Each of these currencies makes up a small part of the index with the Euro making up the largest part at 57.6%. It is followed closely by the Japanese Yen at 13.6%. The rest of the currencies make up 11.9% of the Great British pound, 9.1% of the Canadian Dollar, 4.2% of the Swedish Krona, ...
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04 January, 2023
What Is The Oldest Crypto Exchange In The World?

What Is The Oldest Crypto Exchange In The World?

Cryptocurrency is a relatively new industry and many crypto businesses are constantly striving to survive and swiftly adapt in a rapidly changing business environment. In the traditional banking system, fiat currencies are often exchanged for one another. The same currency exchange principle applies to digital currencies and even between digital and fiat currencies. The crypto exchange is where crypto users can buy and sell cryptocurrencies for other digital currencies or fiat currencies like the dollar, euro, or pound. Many crypto exchanges have existed in the past but could not survive the rigor poised by the rapidly changing c...
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27 December, 2022
No Dealing Desk Brokers (NDD) List

No Dealing Desk Brokers (NDD) List

Today, we are going to look at some of the best No Dealing Desk brokers. But first, we must understand what no dealing desk brokers mean. Dealing desk brokers usually take the opposite side of a client’s order to complete a trade. In contrast, non dealing desk brokers connect client orders directly to the interbank market to complete trades. The interbank market is an informal market that connects banks and allows them to borrow from and lend to each other. No dealing desk brokers connect clients to this market ensuring instant execution of trades with live market prices.There are a number of advantages and disadvantages associat...
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27 December, 2022
Forex Brokers With GBP Accounts

Forex Brokers With GBP Accounts

The Great British Pound is one of the oldest currencies still in use today. This currency is primarily used by citizens in the UK and nine of its associated territories. These include Jersey, Guernsey, the Isle of Man, the Falkland Islands, Gibraltar, South Georgia and the South Sandwich Islands, Saint Helena and British Antarctic Territory, and Tristan da Cunha.The United Kingdom has millions of traders moving money in and out of financial markets. The UK is one of the most active jurisdictions regarding forex trading. Luckily, there are many reputable forex brokers operating in this jurisdiction. Today, we will look at some of ...
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21 December, 2022
Forex PAMM Accounts - Best Brokers That Offer It

Forex PAMM Accounts - Best Brokers That Offer It

PAMM stands for Percentage Allocation Money Management. These are accounts that allow investors to assign their investment to an account manager to trade for profit. Usually, the account managers have more trading experience and better trading strategies. The PAMM forex accounts are best suited for beginners or people with no time to trade but who want to invest in financial markets.Today, we will look at some of the best forex PAMM account brokers and the trading conditions they offer. We will also look at their regulatory status and trading fees. But first, we look at the advantages and disadvantages of PAMM accounts.Advantages...
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19 December, 2022
Forex Brokers Without Leverage - Are There Any?

Forex Brokers Without Leverage - Are There Any?

Leverage is a crucial part of trading financial markets online. In a nutshell, leverage is borrowing a certain amount of money to finance an order fully. In trading, the money is usually borrowed from a broker. When using leverage, the broker provides traders with the extra money they need to finance their position.On the flip side, you can choose to trade without using leverage. There are a couple of advantages and disadvantages that come with this. In this article, we will look at trading without leverage and the associated pros and cons. We will also look at some of the brokers that allow trading without leverage.Trading With ...
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15 December, 2022
Best Cent Account Forex Brokers

Best Cent Account Forex Brokers

A Cent account allows clients to trade financial markets using cents. Cent forex accounts are a necessity in the market. Some traders do not have much capital to invest in financial markets and Cent accounts offer clients low entry points and more manageable risks for both new and existing traders. They allow clients to practice trading strategies without risking a huge chunk of their capital.Today, we are going to look at some of the best forex brokers that offer Cent accounts. To determine which brokers fall on this list, we are going to consider the criteria below.Our Criteria For Selecting Best Cent Account Forex BrokersTo ma...
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11 December, 2022
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