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Anxiety and Stress among Day Traders in Saudi Arabia

Background: People nowadays are more concerned about their financial status and how to improve their quality of life; one method is day trading. This study aims to investigate the association between stress or anxiety and day trading among day traders in Saudi Arabia. Methods: We collected the data...

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Autores principales: Bin Abdulrahman, Khalid A., Alsharif, Abdulaziz Yahya, Alotaibi, Abdulrahman Bandar, Alajaji, Abdulrahman Ali, Alhubaysh, Abdullah Ali, Alsubaihi, Abdulrahman Ibrahim, Alsubaie, Nahaa Eid
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9517472/
https://www.ncbi.nlm.nih.gov/pubmed/36141519
http://dx.doi.org/10.3390/ijerph191811252
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author Bin Abdulrahman, Khalid A.
Alsharif, Abdulaziz Yahya
Alotaibi, Abdulrahman Bandar
Alajaji, Abdulrahman Ali
Alhubaysh, Abdullah Ali
Alsubaihi, Abdulrahman Ibrahim
Alsubaie, Nahaa Eid
author_facet Bin Abdulrahman, Khalid A.
Alsharif, Abdulaziz Yahya
Alotaibi, Abdulrahman Bandar
Alajaji, Abdulrahman Ali
Alhubaysh, Abdullah Ali
Alsubaihi, Abdulrahman Ibrahim
Alsubaie, Nahaa Eid
author_sort Bin Abdulrahman, Khalid A.
collection PubMed
description Background: People nowadays are more concerned about their financial status and how to improve their quality of life; one method is day trading. This study aims to investigate the association between stress or anxiety and day trading among day traders in Saudi Arabia. Methods: We collected the data through DASS-21, a set of three self-report scales designed to measure the emotional states of depression, anxiety, and stress. It tells if the person has mild, moderate, severe, or extremely severe emotional status. Our study will focus on two domains: stress and anxiety. Day traders scoring between 0 and 7 on the anxiety scale were classified as normal anxiety. Scoring between 8 and 9 on the anxiety scale, mild anxiety, and between 10 and 14 on the anxiety scale as moderate anxiety. Those scoring between 15 and 19 were classified as severe, and those scoring >20 as extremely severe. Results: Our results showed that out of 387 valid surveys, day traders scoring < 14 on the stress scale were classified as everyday stress (N = 249, 64.3%), and those scoring between 15 and 18 as mild (N = 49, 12.7%) and those scoring between 19 and 25 as moderate (N = 46, 11.9%), those scoring between 26 and 33 as severe (N = 34, 8.8%), and those scoring > 34 were classified as extremely severe (N = 9, 2.3%). Conclusions: The prevalence of anxiety and stress is considerable among day-traders. Therefore, it is fundamental to develop more effective health promotion strategies for the target population to make them aware of and learn how to control and prevent these harmful emotional feelings.
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spelling pubmed-95174722022-09-29 Anxiety and Stress among Day Traders in Saudi Arabia Bin Abdulrahman, Khalid A. Alsharif, Abdulaziz Yahya Alotaibi, Abdulrahman Bandar Alajaji, Abdulrahman Ali Alhubaysh, Abdullah Ali Alsubaihi, Abdulrahman Ibrahim Alsubaie, Nahaa Eid Int J Environ Res Public Health Article Background: People nowadays are more concerned about their financial status and how to improve their quality of life; one method is day trading. This study aims to investigate the association between stress or anxiety and day trading among day traders in Saudi Arabia. Methods: We collected the data through DASS-21, a set of three self-report scales designed to measure the emotional states of depression, anxiety, and stress. It tells if the person has mild, moderate, severe, or extremely severe emotional status. Our study will focus on two domains: stress and anxiety. Day traders scoring between 0 and 7 on the anxiety scale were classified as normal anxiety. Scoring between 8 and 9 on the anxiety scale, mild anxiety, and between 10 and 14 on the anxiety scale as moderate anxiety. Those scoring between 15 and 19 were classified as severe, and those scoring >20 as extremely severe. Results: Our results showed that out of 387 valid surveys, day traders scoring < 14 on the stress scale were classified as everyday stress (N = 249, 64.3%), and those scoring between 15 and 18 as mild (N = 49, 12.7%) and those scoring between 19 and 25 as moderate (N = 46, 11.9%), those scoring between 26 and 33 as severe (N = 34, 8.8%), and those scoring > 34 were classified as extremely severe (N = 9, 2.3%). Conclusions: The prevalence of anxiety and stress is considerable among day-traders. Therefore, it is fundamental to develop more effective health promotion strategies for the target population to make them aware of and learn how to control and prevent these harmful emotional feelings. MDPI 2022-09-07 /pmc/articles/PMC9517472/ /pubmed/36141519 http://dx.doi.org/10.3390/ijerph191811252 Text en © 2022 by the authors. https://creativecommons.org/licenses/by/4.0/Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Bin Abdulrahman, Khalid A.
Alsharif, Abdulaziz Yahya
Alotaibi, Abdulrahman Bandar
Alajaji, Abdulrahman Ali
Alhubaysh, Abdullah Ali
Alsubaihi, Abdulrahman Ibrahim
Alsubaie, Nahaa Eid
Anxiety and Stress among Day Traders in Saudi Arabia
title Anxiety and Stress among Day Traders in Saudi Arabia
title_full Anxiety and Stress among Day Traders in Saudi Arabia
title_fullStr Anxiety and Stress among Day Traders in Saudi Arabia
title_full_unstemmed Anxiety and Stress among Day Traders in Saudi Arabia
title_short Anxiety and Stress among Day Traders in Saudi Arabia
title_sort anxiety and stress among day traders in saudi arabia
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9517472/
https://www.ncbi.nlm.nih.gov/pubmed/36141519
http://dx.doi.org/10.3390/ijerph191811252
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