The Divine Edge: Unveiling the Connection between Spirituality, Interoceptive Skills, and Trader Profitability

26 Pages Posted: 29 Jun 2023

See all articles by Nicolas HAMELIN

Nicolas HAMELIN

S P Jain School of Global Management

Ishaq Bhatti

La Trobe University - School of Economics and Finance; Financial Research Network (FIRN)

Marco I. Bonelli

MIT World Peace University

Abstract

This paper examines the relationship between traders' religious practices, interoceptive skills, and profitability amidst increasing AI. It explores incorporating prayer and meditation into traders' routines to enhance profitability. The study finds that religious traders have higher anticipatory feeling (AF) scores, better predicting market movements and utilizing internal cues for increased profitability. Spiritual practices reduce cognitive load and improve interoceptive abilities, crucial for effective trading decisions. In contrast, news-dependent traders experience heightened cognitive load, impairing interoceptive accuracy. Risk-averse traders may exhibit reduced interoceptive skills. The paper underscores integrating religiosity to enhance traders' well-being and interoceptive awareness. Results highlight the potential of these practices in improving decision-making, ultimately leading to increased profitability. With these findings, incorporating prayer and meditation into traders' routines can enhance their profitability and overall performance.

Keywords: Anticipatory feeling, Artificial intelligence, Investment, Religiosity, Profitability, Traders

Suggested Citation

HAMELIN, Nicolas and Bhatti, Ishaq and Bonelli, Marco I., The Divine Edge: Unveiling the Connection between Spirituality, Interoceptive Skills, and Trader Profitability. Available at SSRN: https://ssrn.com/abstract=4495112 or http://dx.doi.org/10.2139/ssrn.4495112

Nicolas HAMELIN

S P Jain School of Global Management ( email )

Ishaq Bhatti

La Trobe University - School of Economics and Finance ( email )

Bundoora
Melbourne, 3086
Australia

Financial Research Network (FIRN)

C/- University of Queensland Business School
St Lucia, 4071 Brisbane
Queensland
Australia

HOME PAGE: http://www.firn.org.au

Marco I. Bonelli (Contact Author)

MIT World Peace University ( email )

+916364047630 (Phone)

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