magnet play

English

Pronunciation

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Noun

magnet play (uncountable)

  1. (stock market, nonce word) The deliberate use of significant psychological price points (such as round numbers) to anticipate the behavior of other traders and to capitalize on movement towards those price points.
    • 2014, Fernando Oliveira, Traders of the New Era, page 30:
      I also do “magnet play" to round numbers as well as breakouts through such levels.
  2. Used other than figuratively or idiomatically: see magnet,‎ play.; play involving magnets.
    • 2014, Jeff A. Johnson, Denita Dinger, Let's Play: (Un)Curriculum Early Learning Adventures, page 160:
      This sort of magnet play is full of exploratory learning that, among other things, builds understanding of the physical world, problem-solving skills, and cause-and-effect thinking.
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