This is My Stock Trading Journey

Bible

All of the posts under the "Bible" tag.

Shemitah and the Stock Market

Who is ready to talk some Shemitah or Shmita?  Now is when about half of you are either nodding or shaking your head and the other half are wondering if I just sneezed or what in the world did I just say.

Shemitah is the 7th year of the 7 year agricultural cycle where God commanded the Israelites to let the land rest.

Leviticus 25:3&4 “Six years you shall sow your field, and six years you shall prune your vineyard and gather in its crop, but during the seventh year the land shall have a sabbath rest, a sabbath to the LORD; you shall not sow your field nor prune your vineyard.”

We are actually in a Shemitah year right now.  They usually start and end in September and this year’s Shemitah officially ends September 13th.  Now, what does this have to do with the stock market?  More than you might think.  The last Shemitah ended on September 28, 2008.  That date should ring a bell with most stock traders.  It’s the day the Dow crashed 777 points, a 9% drop.  The Shemitah before that ended September 17th 2001 when the markets reopened after the September 11th attacks and crashed 7%.  During the 1994 Shemitah year the bond market crashed.  In 1987 the stock market crashed.  I’ll stop there since you have the idea but several other major economic upsets have happened during Shemitah.  So will the market crash again on the last day of Shemitah, September 13th?

No.  Absolutely not.  Not a chance….it’s a Sunday 🙂

Could it crash sometime in September?  We’ll just have to see.

But how ’bout you?  Do you think we’re in for another crash this September similar to the end of the last two Shemitahs?  It’s definitely interesting.

For further reading check out these links:

http://www.wnd.com/2015/09/statistician-data-proves-shemitah-financial-collapse/

http://www.charismanews.com/opinion/51107-10-things-that-are-going-to-happen-within-15-days-of-the-end-of-the-shemitah

http://7yearcycle.blogspot.com/

 

Trader September 1, 2015 3 Comments Permalink

Excuses Excuses and Other Stock Trading Lessons from Proverbs

Proverbs is probably my husbands’ favorite book of the Bible. He’s never actually said that and I haven’t asked but I see him reading at least a few Proverbs everyday and often while I’m cooking or in the evening when we’re taking it easy after the baby goes down he’ll just pick up his Bible and start reading Proverbs to me. I love that he does this. It fills us and our home and air with such Truth.

Two verses in particular jumped out to me in regard to their application to stock trading. The first was Proverbs 21:5.

The plans of the diligent lead to profit as surely as haste leads to poverty.

Plans of the diligent: Getting a stock trading education which may look different to different people. Some will pay for a course, others will read books by trusted traders or find great resources on the internet and many will find a great mentor. Most will do all of these. Then building a trading plan that works and sticking with it. This contrasts with ‘haste leads to poverty.’ This would be quickly funding an account and trading before taking the time to learn the trade (haha play on words 🙂 ). It could also include trying to take large positions before proving to ones self that you can follow your trading plan/rules and be consistently profitable.

The other verse was Proverbs 22:13.

The sluggard says, ‘There is a lion outside!’ or, ‘I will be murdered in the streets!’

Okay now you might be thinking I’m crazy but I think this verse can definitely be applied to my stock trading journey. Stock trading is full of uncertainties but we can’t let those uncertainties become excuses. This proverb is all about finding excuses instead of taking a step of faith and doing something. A sluggard finds an excuse for everything and I pray that doesn’t become me in stock trading.

Proverbs is filled with many other helpful verses for the stock trader, especially ones about pride and greed, which as we all know are huge enemies of the stock trader. How ‘bout you? As you find verses that help you in your stock trading journey please share them. I think it will be an encouragement and helpful tool for all of us.

Update: Since posting this, one reader sent me another Proverb I thought I would share.  Proverbs 28:20

A faithful man will be richly blessed, but one eager to get rich will not go unpunished.

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