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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

På svenska

Author

  • Anders Håkansson
  • Fernando Fernández-Aranda
  • Susana Jiménez-Murcia

Summary, in English

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.

Department/s

Publishing year

2021-07-26

Language

English

Publication/Series

Frontiers in Psychiatry

Volume

12

Document type

Journal article

Publisher

Frontiers Media S. A.

Topic

  • Public Health, Global Health, Social Medicine and Epidemiology

Keywords

  • COVID-19
  • day trading
  • gambling
  • problem gambling
  • stock exchange

Status

Published

ISBN/ISSN/Other

  • ISSN: 1664-0640