IMPACT OF MENTAL HEALTH AND WELL-BEING OF INDIAN STOCK MARKET TRADERS

Vijaya Kittu Manda and Alekhya Sana

MPRA Paper from University Library of Munich, Germany

Abstract: Stock market traders can be successful by picking the right financial security/instrument to invest/trade and then prepare and executing the trading plan. However, the success rate from doing so is only partly. The other part of success, which, unfortunately, is mostly ignored, comes from emotional and behavioral balance and control. Research already proved the connections between emotions and the mental health of individuals. Objectives: This paper explores the mental health aspects of a typical Indian stock market trader. Design: A self-constructed questionnaire is administered on a sample of 250 where 140 respondents were taken for the study on four dimensions-general trading stress profile, general mental and health profile, general lifestyle profile, and general financial status profile. Method: Data thus collected is statistically measured and tested using Chi-square, Pearson correlation, and simple linear regression. The research finds that age and marital status influence the stock market trader experience along with the highest, moderate, and lowest areas where the trader is affected on the above-mentioned dimensions. Findings from this research can help traders in bettering their mental health and thereby improve their trading outcomes.

Keywords: stock market crash; trader suicide; trader mental health well being (search for similar items in EconPapers)
JEL-codes: G10 I19 I31 (search for similar items in EconPapers)
Date: 2021-09-27
New Economics Papers: this item is included in nep-cwa
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