Nk Stocktalk- Sab Moh Maya hai

Nitish Kumar, popularly known as NK Sir, hails from Patna, Bihar, and is the founder of NK Stock Talk. He has established himself as a prominent stock market educator through his YouTube channel, where he shares in-depth insights into trading strategies, live market analysis, and trading psychology. His content is designed to cater to both beginners and experienced traders, making stock market education accessible to all.

NK Sir’s Journey: From Losses to Success

As he himself narrate the story on “joshtalks”

When you enter this market, the market asks you a question: “What all are you willing to stake?” Your answer should be “Everything,” because here, your knowledge will undergo an unparalleled test. If you think that any book in this world can make you a trader, you’re on the wrong track. If you believe you can trade by reading some strategy, you’re still wrong. If you think you can learn a strategy from someone and start trading, you’re on the wrong path again. The one selling that strategy will become a millionaire, not you. People here respect you based on how much money is in your pocket, not on how good a relative or friend you are to them. No one asks about that.

With dreams in my heart, when I passed 12th grade, I came to Patna city. When I arrived, there was a crowd—everyone rushing for jobs. In Bihar, a government job is everything. If you don’t have a government job there, you’re considered to have nothing. As soon as someone completes their intermediate, people ask, “What are you doing? What are you preparing for?” Around here, people mostly prepare for UPSC. Every family wishes for their kid to crack UPSC, so everyone starts doing it. But in college, when people asked me what I wanted to do, my answer was, “Sir, I want nothing less than the top.” They’d ask, “What does that mean?” I didn’t know either. But I was born into a poor family, and I didn’t want to die poor. People couldn’t understand this because I had a hunger inside me—to do something, to become something. I felt that if I took a job, I wouldn’t be able to achieve the potential I envisioned. But what did I have? There were many paths. The moment you say you’ll start a business or venture into something, the entire society and community get after you, saying, “What are you doing?”

Then, in the 2000s, I met some people who brought me into this market. And remember this about the market: you don’t come here on your own; you’re brought in. Either a friend opens your demat account, or a relative does it for you. That’s what happened with me. The first time I took a trade, I made a profit. As soon as that happened, I started dreaming like Mungeri Lal—thinking, “If I made 200 in a day, it’ll be 400 tomorrow, 5 lakhs in three months, and in a year, no one will be bigger than me.” With that mindset, I put in a large sum of money. And the moment I did, the market showed me who I was and what it was. The money I invested was gone, and my mind said, “I’ll recover it.” I started trying to recover, but in that recovery, the losses just kept piling up. Because recovery doesn’t happen—only more losses do. That’s when the stories began.

Now, here’s the thing: you’re from a lower-middle-class family, and you’ve decided that you’ll make this stock market your business, trading your profession, investing your career. In Bihar, there isn’t much craze for the stock market. You can’t even mention there that you trade. They directly call the stock market gambling or a gambler’s game. Even today, they say it’s “played,” not traded. They say, “He plays the shares.” So, I couldn’t even tell anyone. Losses started happening, and when they did, my situation became such that I had limited money. One good thing was that I was my father’s only son. If I’d had siblings, maybe I wouldn’t have made it this far. Being an only child meant that whatever money came in, I’d lose it, and there was no one to question me because it came to me. That cycle began, and those circumstances continued.

In between, I joined so many paid tip providers and trainers. Let me tell you, I even paid 90,000 to learn RSI back then, and I didn’t understand a thing about it. They’d just say, “Overbought at 70, oversold at 30,” and leave it at that. It was so frustrating. I’d join paid tips. Those tip providers—what did they do? If there was a profit one day, they’d say, “See, I told you.” If there was a loss, they’d say, “We’ll recover it.” To recover, they’d ask for more money. If the losses grew, I’d call them, and they’d stop picking up. In the end, they’d block me. That was the system. And maybe that happens with you too. That’s my story.

After that, when the losses started piling up, how could a lower-middle-class boy get enough money to survive in the stock market, where there’s no support, nothing? In that process, what happened? I didn’t have much. There were some small patches of land in the village. I couldn’t borrow from anyone because you only get a loan if you have money. Those who don’t have money don’t get loans. So, we had land in the village—not a lot, though. The land by the roadside—we made our first attempt to sell it. That land wasn’t in my name; it was in my father’s name. That was an issue too. Taking my father to the registry office was a tough task. When we went to sell the land for the first time and my father was there, I’d see tears in his eyes as he signed. It hurt me deeply inside. I thought, “What a useless person I am. What kind of son am I to do this?”

After that, I tried not to do anything else. The money that came in would get lost too. One thing to remember: in the society I live in, or in Bihar, people don’t sell land—they sell their honor. Once you sell your land, the relatives and society folks who used to invite you to weddings and parties stop calling you. Or if they do invite you, no one asks you to sit. Because people here respect you based on how much money is in your pocket, not on how good a relative or friend you are. No one asks. When your honor is sold, no one cares about you. Keep that in mind. The money from selling that land lasted a year or two. Then it ran out, and I sold more. In this way, I sold my land about three times.

When this happened three times, the relatives’ comments started. At weddings and parties, they’d only talk about you. That process went on everywhere. I kept thinking, “It’ll happen now, it’ll happen now.” But one thing to remember: your bad time doesn’t start when you’re going through it. It starts when society finds out you’re in a bad time. That’s when the struggle began. Everyone said, “Give it up. Show me one person who’s made money in the stock market.” Others would say, “Look at so-and-so, his house got sold, his shop got sold.” Everyone had a story. No one supports you—not your family, not your relatives, not your village. No one. You’re completely alone. And the worst part? You can’t even share your pain with anyone.

Still, I held on. I felt, “No, I’ll do it. I’m at that level, I’ll make it.” Then I made the market my teacher. I started learning from the market, treating it as my mentor. Even today, I learn from the market. Slowly, I began moving forward. I’d go to the village. After selling land three times, there were a lot of comments. Then I told them, “I’ll come back and buy it back from you 30 times over. Only then will I return.” That was my commitment. Gradually, small amounts of money started coming in. Because when you stay in this market for 8 to 10 years, you reach a level where you start understanding the market—its nature. In the beginning, you think, “I brought 20,000 and made 40,000 a day.” The market snatches those dreams away and starts teaching you the real stuff. That’s what happened with me.

Then, slowly, the money started coming in. I realized the market is good. When your skills improve in this market, that’s when the money starts flowing. When the money began coming and people started giving you a bit of respect wherever you went, you realize you’re doing something in life. While doing that, I developed many trading systems. Then I made myself profitable in this market. I learned how to make money—what kind of trading could earn me profits. After that, I went back and bought land in that village more than 30 times over. Then suddenly, a lot of relatives pop up out of nowhere. I mean, when you achieve success, distant relatives—your uncle’s, aunt’s, or grandfather’s kids—show up saying, “I’m their relative.” Because remember this: in struggle, you’re an orphan; in success, you have tons of relatives.

And so it began. Time passed like this. I took back everything time had snatched from me—respect, dignity, honor, prestige, money. The market gave me all of it. Because remember, when you enter this market, it asks you, “What are you willing to stake?” Your answer should be “Everything.” Because your knowledge will face an unmatched test here—one that can’t be exemplified. When the market takes, it takes everything—money, respect, honor. When it gives, it gives everything too. That’s the nature of the market. I understood that nature, and it took me almost 10 years to do so. It took me 10 years to realize the market works this way. And when the market started giving, I never looked back.

Now, when I take a trade or do anything, it doesn’t matter. I understand it’s a normal profession. I need to react to it like a normal profession—no attachment to profits, no sorrow over losses. Just follow the process, keep moving forward, and carry on. Along with that, I shared this with my close ones. I also developed many things in the market—systems through R&D that you’ll find. Google doesn’t even know what “BB Trap” by John Linzer is, but I developed it—Super Trap and many such things. I gave them to the market for free because they work. They weren’t learned from books; they were learned through losses in the market. Real knowledge in the market comes from what you learn through losing.

If you think any book in this world will make you a trader, you’re on the wrong track. If you think you can trade by reading a strategy, you’re wrong. If you think you can learn a strategy from someone and trade, you’re still on the wrong path. The one selling the strategy will become a millionaire, not you. From my life’s experience, trading here is 90% mindset—an emotional game. That’s where your technicals and fundamentals come in. You have to work on yourself, and that takes years. Not everyone needs to make a career in trading. But when I faced losses, I decided I’d stick to trading. And understand this: once you start trading, if someone tells you to quit, it feels like they’re your enemy.

That’s how it went—profits and losses started happening. By 2004, my situation became such that I’d look for trainers or tip providers. It kept progressing, and I’d think, “Someone should teach me a strategy, someone should guide me.” But I found no one. Sometimes there were losses, sometimes profits. Money would come for four or five days, then losses would hit. One day of profit, and I’d think, “I’m doing great.” These troubles kept going. Slowly, things moved forward. One year, I lost 25,000; another, 2 lakhs. My capital size stayed around 4 to 5 lakhs. Back then, even 4-5 lakhs was a big deal for me. Every year, there’d be some losses. It took me almost 10 years to become profitable for the first time. And by profitable, I don’t mean just anything. In my view, you’re only profitable when you can cover your family’s expenses with that money. If you turn 5 lakhs into 6 lakhs, you can’t call that profitable. That was my situation back then.

Gradually, money started coming—sometimes a lakh, two lakhs, 4 lakhs, 10 lakhs. That’s when things began to change a bit. Then I got a kick from Symphony’s stock. When I bought Symphony’s shares, I got a huge return, which gave me a big boost. With that money, I started moving forward again. The profits grew slowly because once you give time to the market and start making money after that, you don’t look back. You stop focusing on how much profit or loss you’ve made. You just look at your long-term goal. When trading, you should focus on your long-term goal—what you get in a full year. Once that clicked in my mind, I stopped fearing small losses. In the beginning, small losses scared me into thinking, “I’ll recover.” Until that recovery mindset leaves your head, you can’t trade. It took me years to let go of that. I didn’t find a mentor or anyone to guide me. In the society I come from, there’s no one like that. Mentioning trading there is a crime. If someone’s in a government MTS job, they’ll get married. A trader won’t, no matter how much they earn. That’s the kind of society I come from.

Slowly, profits started coming, and they grew bigger. At one point, my capital grew, so the profits did too. Reaching that stage takes years. My first 10 years were spent in struggle. Imagine you enter the market today and think you’ll start making money tomorrow or in a month—it’s tough. If you’ve come into trading with a mindset like mine, understand this: it takes time, and you have to do it. I did that, and there were struggles—immense struggles. So much that if you’re trading, people think you’re jobless. If you want to see hell on earth, try being jobless. That’s what I believe. When you’re jobless—or rather, a trader is seen as jobless until they succeed—it’s tough. I kept going through that, year after year, and finally reached where I am today. Now, however I trade, there’s peace of mind. Money comes, and a lot of it—enough to comfortably run my family and live well. I had a dream: I was born in a poor household, but I didn’t want to die poor. I’ve fulfilled that to some extent and am working to take it further.

Friends, that was my journey. I hope you liked it. In this journey, I’d like to tell you I started with just 50,000. From 50,000, my losses went beyond a crore. That was a huge amount back then. After recovering from that, I’ve made over 5 crores in profit from this market. It’s still ongoing. Each year, I target a profit of 80 lakhs to 1 crore and keep going. In the future, I aim to add one or two more zeros to that. That’s what I want to tell you: if I can build and succeed in this career, why can’t you? It’ll take time and effort. Keep that in mind. Time is required because big achievements take time. Time will test you, see if you deserve it or not. If you stand firm through that test, your whole life will back you. Then you won’t look back.

I’ve made over 5 crores in profit from trading, and the effort continues. Each year, I target 70 lakhs to 1 crore in profit. I mainly trade baskets. I do basket trading because here’s something to understand: if I asked you to name one stock where you’d put all your capital, you’d say no if you’re sensible. There’s no such stock or ETF. When you trade for a day, two days, or five days, how can you rely on one stock? If you don’t put a 10-year vision into one stock, how can you do it in trading? So, I took advantage of diversification with baskets. I went into different stocks. Through basket trading, I made money. For the past two years, many people have been using it, and their losses have stopped to some extent, and they’re earning.

I’d like to tell everyone struggling: basket trading is the future of trading. Keep that in mind. My story is for those who are struggling—those who feel life is slipping away somehow. Remember this: it’ll take time, but your time will change. Work hard, and a day will come when you’ll shine too. Thank you, and I’d also like to thank the entire stock team. They’ve built a platform that finds people who’ve struggled in life and shares what their story became after that—what they achieved. They’re bringing it to you all. I thank the whole team for doing great work. I believe this is a unique and reliable platform in India. I also thank all the viewers of this stock platform. I think my story will give you some motivation and benefit in life.

Our village is Lakhan Par, near Punpun in Patna district. Come visit sometime. We’ll take you to the fields, show you around. You’ll enjoy it. And we’ll tell you how trading works. Right? Thank you.

Comprehensive Trading Strategies by NK Sir

NK Sir has developed a wide range of trading strategies and techniques to help traders navigate the stock market efficiently. His training modules include:

Technical Analysis Module

• AVWAP (Basic to Advanced)
• Band Blast & Squeeze
• BB Trap (Long & Short)
• Bollinger Band
• Breakout Trade
• Chart & Candle Heikin Ashi
• Convergence
• CPR & Narrow CPR
• Demand & Supply
• GAP TRAP Pattern (Buy/Sell Side)
• How To Trade Doji Pattern
• K Wave in Intraday
• Killer Wave
• Moving Average
• OBV (On-Balance Volume)
• Open High – Open Low
• ORB (Opening Range Breakout)
• Pivot Break & Pivot Points
• PR-PS (Basic to Advanced)
• RSI (Basic to Advanced)
• Small Golden Cross & Golden Cross
• Trap Boom Pattern
• Trendline Usage (Basic to Advanced)
• Triveni Sangam
• Volume Profile
• VWAP (Volume Weighted Average Price)
• W Pattern, Flat Pattern
• Advanced Price-Volume Trend Analysis

Hedge Module & F&O Strategies

• Option Buy Rule OL/ORB
• FIBO Level Positional Basket
• Chips Hawa
• NSE Indicator
• Gap Hedge Adjustment
• Option Calculations
• FII DII Indicator
• Option Discount
• Synthetic Futures
• Breakout Expiry Day Option Buy
• Positional Option Breakout
• Option Adjustment
• Butterfly Hedge
• Future Hedge
• Option Sell Intraday OH

Basket Trading & Investment Strategies

• Arbitrage Basic & Basket
• BEES Investment Strategy
• BTST (Buy Today Sell Tomorrow)
• Fire Forget Option
• How to Invest in SME Stocks
• How to Build a Portfolio
• Intraday Cash Basket
• Intraday Option Basket
• Pivot Basket
• Psychology of Traders
• Rolling Basket
• Self-Portfolio Making
• SRT Basket & Exit
• Swing Trade Basket

NK Sir’s Emphasis on Trading Psychology

NK Sir strongly believes that trading is 80% psychology and 20% strategy. He advises traders to focus on mastering a single strategy for at least 15 months before expecting consistent results.

To help traders develop the right mindset, he has created several psychological trading exercises, including the 60-day Challenge. This challenge is particularly beneficial for low-capital traders or those struggling with fear-based trading. The goal is to encourage small but consistent profit bookings, helping traders build confidence and discipline.

Daily Learning – Amritwani by NK Sir

NK Sir shares a daily learning insight called Amritwani, which provides an important takeaway about the current market conditions. These insights help traders stay updated with market trends and refine their trading approach over time.