Evidence map›Paper›PMID 40887485›Full record

ArticleScientific reports2025

ADHD traits and financial decision making in stock trading.

Max Witry, Marcel Schulze, Niclas Braun, Henrik Rohner, Johannes Weller, Philipp Müller, Alexandra Philipsen, Markus Kölle

Abstract read
In one paragraph

Article in Scientific reports, 2025. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.

0numbers the graph read from it
0cells of the map it votes in
1citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

1 citing paper in PubMed.

  1. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

8 authors.

Max WitryDepartment of Psychiatry, University Hospital Bonn, Venusberg Campus 1, 53127, Bonn, Germany. max.witry@ukbonn.de.
Marcel SchulzeDepartment of Psychiatry, University Hospital Bonn, Venusberg Campus 1, 53127, Bonn, Germany.
Niclas BraunDepartment of Psychiatry, University Hospital Bonn, Venusberg Campus 1, 53127, Bonn, Germany.
Henrik RohnerDepartment of Psychiatry, University Hospital Bonn, Venusberg Campus 1, 53127, Bonn, Germany.
Johannes WellerDepartment of Vascular Neurology, University Hospital Bonn, Venusberg Campus 1, 53127, Bonn, Germany.
Philipp MüllerDepartment of Psychiatry, University Hospital Bonn, Venusberg Campus 1, 53127, Bonn, Germany.
Alexandra PhilipsenDepartment of Psychiatry, University Hospital Bonn, Venusberg Campus 1, 53127, Bonn, Germany.
Markus KölleDepartment of Psychiatry, University Hospital Bonn, Venusberg Campus 1, 53127, Bonn, Germany.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

Attention-Deficit/Hyperactivity Disorder (ADHD) is a common neurodevelopmental condition characterised by inattention and impulsivity. While its effects on academic and occupational functioning are well established, less is known about how ADHD traits relate to financial behaviours, particularly in high-risk contexts such as online trading. This cross-sectional study examined associations between ADHD traits and financial decision-making in a sample of 945 active online traders. Participants were assessed using a validated self-report scale for ADHD traits and standardised measures of financial risk tolerance (FRT), trading activity, and portfolio performance. The median participant age was 34 years, with 74.5% identifying as male. Based on self-report, 5.7% of participants met DSM-5 symptom criteria suggestive of ADHD, though no clinical diagnosis was made. Participants with ADHD traits demonstrated significantly higher FRT and greater speculative risk-taking. ADHD traits correlated positively with FRT and negatively with portfolio returns. Regression analyses revealed that increased trading frequency, speculative risk-taking, and higher return expectations predicted greater ADHD trait expression, while higher actual portfolio returns and higher investment risk scores were associated with lower ADHD traits. Though causality cannot be inferred, traits like inattention and impulsivity might contribute to suboptimal decision-making in volatile financial settings. Clinicians should consider this in their assessments, promote awareness and support prevention of poor investment decisions. Further longitudinal studies are needed, alongside targeted financial guidance for individuals with elevated ADHD traits.

Indexed as

Attention Deficit Disorder with HyperactivityDecision MakingInvestmentsAdultCross-Sectional StudiesFemaleHumansImpulsive BehaviorMaleMiddle AgedRisk-TakingSelf ReportYoung Adult

Identifiers

PMID40887485
PMCPMC12399749

What OpenQuestion holds

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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.