1. Why should I trust Roshan’s advice?
I’m not a “guru”—I’m a trader who lost over 60% of my
capital early on and rebuilt my strategy through discipline. I share exactly what
worked (and didn’t) to help you avoid my mistakes. No fluff, no secrets.
2. How much money do I need to start day trading?
Focus on skill-building first, not capital. Many beginners
blow accounts by starting too big. I recommend practicing with a small,
disposable amount (e.g., $500) and prioritizing risk management.
3. What’s the #1 mistake beginners make?
Ego-driven trading: Refusing to admit you’re
wrong, revenge trading, and ignoring stop-losses. I’ve been there—it’s why I
emphasize journaling and emotional discipline.
4. Can I become rich quickly with day trading?
No. Trading is a skill that takes years to master. My blog
focuses on consistent small gains over lottery-style wins. If
someone promises overnight riches, run.
5. What’s your best risk management tip?
Never risk more than 1% of your account on a single trade.
This rule saved me after my early losses. Grab my free Risk Management
Checklist to stay disciplined.
6. How long did it take you to become profitable?
Two years of brutal trial and error. Profitability isn’t
linear—I still have losing streaks, but my system keeps them manageable.
7. Do I need expensive software or tools?
No. Start with free charting platforms (like TradingView)
and my Trading Journal Template. Fancy tools won’t fix poor
discipline.
8. How do I handle fear and greed?
Create a trading plan and stick to it. Fear and
greed fade when you follow rules, not emotions. My Mindset Exercises guide
you through this.
9. What strategies do you recommend for beginners?
Price action and support/resistance levels. Avoid
overcomplicating things early on. I break down my core strategy in this Free
Beginner’s Guide.
10. How do I avoid scams in the trading world?
If a “mentor” charges thousands for a course or guarantees
profits, it’s a red flag. I share all my lessons for free because
I wish someone had done the same for me.
11. Can I trade part-time?
Yes! I started while working a 9-to-5 job. Focus on 1–2
setups you understand well, and trade during high-volume hours (e.g., market
open).
12. What’s the best way to learn from losses?
Journal every trade. Note your emotions,
entry/exit reasons, and mistakes. My worst losses became my best
teachers—here’s How I Journal.
13. Do you offer paid courses?
No. Everything on Wealth Café is free. I believe education
shouldn’t cost thousands when you’re already risking capital.
14. How do I stay updated with your content?
Subscribe to my free newsletter for weekly
lessons, or follow me on Twitter/X for daily charts and
mindset tips.
15. Can I share my trades with the community?
Absolutely! Join our Trade Review Fridays to
get feedback from me and fellow traders. Transparency accelerates growth.
Still Have Questions?
Email me at roshan@wealthcafe.com or
DM on social media. No question is too basic—I’ve asked them all myself!
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