From Digital Overload to Trading Zen

Abstract

Because of the urgency and high stakes involved in their trades, intraday traders are especially vulnerable to the perils of information overload in today's digital world. This chapter explores the potential benefits of digital detox programmes for intraday traders. The research uses the statistical programme SMart PLS to do a route analysis using primary data gathered via questionnaire. The results show that taking a break from technology may dramatically lower stress levels, which in turn boosts business efficiency. This correlation is moderated by traders' levels of expertise, however, indicating that newcomers to the market might gain the most from digital detox programmes. The last section of the study emphasises the chapter's central thesis, arguing for the inclusion of digital detox measures in training programmes and workplace rules in order to address the chapter's identified practical ramifications for traders, trading businesses, and regulatory agencies.