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Gambling-Like Day Trading During the COVID-19 Pandemic – Need for Research on a Pandemic-Related Risk of Indebtedness and Mental Health Impact

Håkansson, Anders LU ; Fernández-Aranda, Fernando and Jiménez-Murcia, Susana (2021) In Frontiers in Psychiatry 12.
Abstract

Stock exchange trading increasingly has been highlighted as a possible cause of gambling disorder, typically in rapid and excessive “day trading” which may cause over-indebtedness and mental health problems. The COVID-19 pandemic has been suspected to increase online gambling and gambling problems. In a number of recent media reports, day trading has been reported to increase during COVID-19, possibly in relation to changes in everyday life, financial problems and job insecurity during the pandemic. Increasing day trading has thereby been suspected to cause addictive behavior, financial difficulties, and poor mental health. However, there is hitherto a lack of research in the area. The present paper addresses the potential for day... (More)

Stock exchange trading increasingly has been highlighted as a possible cause of gambling disorder, typically in rapid and excessive “day trading” which may cause over-indebtedness and mental health problems. The COVID-19 pandemic has been suspected to increase online gambling and gambling problems. In a number of recent media reports, day trading has been reported to increase during COVID-19, possibly in relation to changes in everyday life, financial problems and job insecurity during the pandemic. Increasing day trading has thereby been suspected to cause addictive behavior, financial difficulties, and poor mental health. However, there is hitherto a lack of research in the area. The present paper addresses the potential for day trading to cause problem gambling, debts and mental health problems, and calls for research and clinical guidelines in problem gambling related to stock market behavior as a problematic gambling behavior. Screening tools, awareness among clinicians, and longitudinal research studies may be warranted, both during the COVID-19 pandemic and beyond.

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author
; and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
COVID-19, day trading, gambling, problem gambling, stock exchange
in
Frontiers in Psychiatry
volume
12
article number
715946
publisher
Frontiers Media S. A.
external identifiers
  • scopus:85112194038
  • pmid:34381392
ISSN
1664-0640
DOI
10.3389/fpsyt.2021.715946
language
English
LU publication?
yes
id
a383810e-8940-48d2-aea5-02d3b41b4efc
date added to LUP
2021-09-23 17:35:06
date last changed
2024-04-20 11:43:25
@article{a383810e-8940-48d2-aea5-02d3b41b4efc,
  abstract     = {{<p>Stock exchange trading increasingly has been highlighted as a possible cause of gambling disorder, typically in rapid and excessive “day trading” which may cause over-indebtedness and mental health problems. The COVID-19 pandemic has been suspected to increase online gambling and gambling problems. In a number of recent media reports, day trading has been reported to increase during COVID-19, possibly in relation to changes in everyday life, financial problems and job insecurity during the pandemic. Increasing day trading has thereby been suspected to cause addictive behavior, financial difficulties, and poor mental health. However, there is hitherto a lack of research in the area. The present paper addresses the potential for day trading to cause problem gambling, debts and mental health problems, and calls for research and clinical guidelines in problem gambling related to stock market behavior as a problematic gambling behavior. Screening tools, awareness among clinicians, and longitudinal research studies may be warranted, both during the COVID-19 pandemic and beyond.</p>}},
  author       = {{Håkansson, Anders and Fernández-Aranda, Fernando and Jiménez-Murcia, Susana}},
  issn         = {{1664-0640}},
  keywords     = {{COVID-19; day trading; gambling; problem gambling; stock exchange}},
  language     = {{eng}},
  month        = {{07}},
  publisher    = {{Frontiers Media S. A.}},
  series       = {{Frontiers in Psychiatry}},
  title        = {{Gambling-Like Day Trading During the COVID-19 Pandemic – Need for Research on a Pandemic-Related Risk of Indebtedness and Mental Health Impact}},
  url          = {{http://dx.doi.org/10.3389/fpsyt.2021.715946}},
  doi          = {{10.3389/fpsyt.2021.715946}},
  volume       = {{12}},
  year         = {{2021}},
}