Passage
I know, O LORD, that thy judgments are right, and that thou in faithfulness hast afflicted me.
I know, O LORD, that thy judgments are right, and that thou in faithfulness hast afflicted me.
Psalms 119:73 Thy hands have made me and fashioned me: give me understanding, that I may learn thy commandments.
Psalms 119:74 They that fear thee will be glad when they see me; because I have hoped in thy word.
Psalms 119:75 I know, O LORD, that thy judgments are right, and that thou in faithfulness hast afflicted me.
Psalms 119:76 Let, I pray thee, thy merciful kindness be for my comfort, according to thy word unto thy servant.
Psalms 119:77 Let thy tender mercies come unto me, that I may live: for thy law is my delight.
The verse centers on "faith", "lord", "judgments", "right", "thou", "faithfulness", "hast", and "afflicted". It is saying that the verse draws attention to "faith" and "lord", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 74's "They that fear thee will be glad..." into verse 76's "Let I pray thee thy merciful kindness...", so "faith" and "lord" belong inside that flow. In Psalms context, the local focus is worship, trust, the LORD's kingship, and covenant mercy.
A plain takeaway is to answer the verse's own emphasis on "faith" and "lord" with trust shaped by these words, not by a vague optimism outside the passage.