Excessive trading, a gambling disorder in its own right? A case study on a French disordered gamblers cohort

Grall‐Bronnec, Marie; Sauvaget, Anne; Boutin, Claude; Bulteau, Samuel; Jiménez‐Murcia, Susana; Fernández‐Aranda, Fernando; Challet-Bouju, Gaëlle; Caillon, Julie

doi:10.1016/j.addbeh.2015.12.006

Cited by 51 publications

(57 citation statements)

References 24 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…There is mounting evidence that stock market trading can become excessive and addictive similar to other behaviors (e.g., Grall-Bronnec et al., 2015; Marković, Nikolac, Tripković, Haluga-Golubović, & Ćustović, 2012; Turner, 2011). In a sample of 582 active Greek stock traders, gamblers, and a control group, Konstantaras and Piperopoulou (2011) found that 11.2% of stock traders demonstrated problematic/compulsive levels of trading.…”

Section: Resultsmentioning

confidence: 99%

“…However, an implication of the existing research is that because of its apparent strong empirical relationship and moderate conceptual relationship, financial speculation should arguably be listed as an additional activity when assessing both gambling involvement and problem gambling. Although this is sometimes done in population surveys (Williams et al., 2012), and/or in some problem gambling treatment centers (e.g., Grall-Bronnec et al., 2015), it is not routinely included.…”

Section: Discussionmentioning

confidence: 99%

See 1 more Smart Citation

The conceptual and empirical relationship between gambling, investing, and speculation

Arthur¹,

Williams²,

Delfabbro³

2016

J Behav Addict

View full text Add to dashboard Cite

Background and aimsTo review the conceptual and empirical relationship between gambling, investing, and speculation.MethodsAn analysis of the attributes differentiating these constructs as well as identification of all articles speaking to their empirical relationship.ResultsGambling differs from investment on many different attributes and should be seen as conceptually distinct. On the other hand, speculation is conceptually intermediate between gambling and investment, with a few of its attributes being investment-like, some of its attributes being gambling-like, and several of its attributes being neither clearly gambling or investment-like. Empirically, gamblers, investors, and speculators have similar cognitive, motivational, and personality attributes, with this relationship being particularly strong for gambling and speculation. Population levels of gambling activity also tend to be correlated with population level of financial speculation. At an individual level, speculation has a particularly strong empirical relationship to gambling, as speculators appear to be heavily involved in traditional forms of gambling and problematic speculation is strongly correlated with problematic gambling.Discussion and conclusionsInvestment is distinct from gambling, but speculation and gambling have conceptual overlap and a strong empirical relationship. It is recommended that financial speculation be routinely included when assessing gambling involvement, and there needs to be greater recognition and study of financial speculation as both a contributor to problem gambling as well as an additional form of behavioral addiction in its own right.

show abstract

Section: Resultsmentioning

confidence: 99%

Section: Discussionmentioning

confidence: 99%

The conceptual and empirical relationship between gambling, investing, and speculation

Arthur¹,

Williams²,

Delfabbro³

2016

J Behav Addict

View full text Add to dashboard Cite

show abstract

“…Interestingly, chasing one's losses was also mentioned as a common characteristic between problematic gamblers and online stock traders. This behavior was also observed by Grall-Bronnec et al (2015) in their series of case interviews with excessive stock traders. Chasing losses is considered as the staple criterion of gambling disorder, in that it is what sets gambling disorder apart from other types of addictive disorders (APA, 2013).…”

Section: Links Between Excessive Trading and Gambling Disordermentioning

confidence: 71%

“…Or could it rather be the thrill of the unpredictability and volatility of the market in a short-term time horizon that motivates these traders? In their study, Grall-Bronnec et al (2015) observed that all the excessive stock traders they interviewed were shortterm traders that constantly monitored the market and their titles. This behavior was considered as part of a need for sensation-seeking.…”

Section: Signs Of Excessive Tradingmentioning

confidence: 99%

“…After revealing his trading problem to his wife and seeking treatment, David pointed out that there are strong links between excessive trading and other gambling activities, and that one does not have to play cards or the slot machines to become a problem gambler. Grall-Bronnec et al (2015) also conducted a series of case interviews with eight traders. These participants had consulted an outpatient clinic for a clinical or subclinical trading problem based on the diagnostic criteria for gambling disorder as specified in the DSM-5.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

What Characterizes Excessive Online Stock Trading? A Qualitative Study.

Dixon¹,

Giroux²,

Jacques³

et al. 2018

JGI

View full text Add to dashboard Cite

Excessive online stock trading appears to share similarities with gambling disorder. However, using gambling disorder criteria to assess excessive trading may not allow a full understanding of this phenomenon as specific aspects of the trading context that differ from gambling may be overlooked. This study explores the manifestations and consequences of excessive trading and its links with gambling disorder via the perceptions of online stock traders themselves. Data for thematic analysis were collected from a sample of online stock traders (N = 13) divided into two focus groups based on trading frequency (i.e., on a regular or occasional basis). Perceived manifestations of excessive trading included excessive preoccupation and frequent behaviors, and consequences that affect finances, relationships, work and health. Perceived links between gambling disorder and excessive trading concerned a shared incapacity to control behaviors, and chasing losses. Though excessive trading and gambling disorder are similar on many grounds, the assessment of trading behaviors should consider specific aspects such as the context within which they occur (e.g., state of the market). Implications for future research on excessive trading behaviors are discussed.Keywords: stock market trading, online gambling, gambling disorder, gambling behavior RésuméLes transactions d'actions excessives peuvent présenter des similitudes avec le jeu pathologique. Cependant, appliquer des critères propres au jeu pathologique à des pratiques de transactions excessives en ligne ne permet pas nécessairement de bien comprendre ce phénomène, car il pourrait arriver qu'on néglige certains aspects particuliers du contexte transactionnel qui diffèrent du contexte du jeu. Cette étude explore les manifestations et les conséquences de pratiques transactionnelles excessives 8

show abstract

A Lack of Clinical Effect of High‐frequency rTMS to Dorsolateral Prefrontal Cortex on Bulimic Symptoms: A Randomised, Double‐blind Trial

Gay

Jaussent

Sigaud

et al. 2016

Euro Eating Disorders Rev

View full text Add to dashboard Cite

Studies suggest that stimulation of the left dorsolateral prefrontal cortex (DLPFC) reduces food craving in bulimic patients, but evidence supporting repetitive transcranial magnetic stimulation (rTMS) as a therapeutic tool is lacking. We investigated the safety and therapeutic efficacy of an adjunct high-frequency rTMS programme targeting the left DLPFC. Forty-seven women with bulimia nervosa were randomised to a real or sham stimulation group. The real group underwent 10 rTMS sessions, each consisting of 20 trains of 5 seconds with 55-second intervals between trains, at a frequency of 10 Hz. The main outcome was the number of binge episodes in the 15 days following the end of stimulation. Overall, no significant improvement in bingeing and purging symptoms was noted after the programme. rTMS was well tolerated. This suggests that 10 sessions of high-frequency rTMS to the left DLPFC provide no greater benefit than placebo. Future studies should consider methodological issues as well as alternative targets. Copyright © 2016 John Wiley & Sons, Ltd and Eating Disorders Association.

show abstract

Excessive trading, a gambling disorder in its own right? A case study on a French disordered gamblers cohort

Cited by 51 publications

References 24 publications

The conceptual and empirical relationship between gambling, investing, and speculation

The conceptual and empirical relationship between gambling, investing, and speculation

What Characterizes Excessive Online Stock Trading? A Qualitative Study.

A Lack of Clinical Effect of High‐frequency rTMS to Dorsolateral Prefrontal Cortex on Bulimic Symptoms: A Randomised, Double‐blind Trial

Contact Info

Product

Resources

About